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AGRICULTURAL
FINANCE
DATABOOK

r>

Monthly Series

November 1983

JiajLBHCDIS
fiESfAECH
LIEBABY
ECOM E - C - 2 4 1 - £ , S 1 C P 1 0 5
FEDERAL E E S f B V E BCABC
WASHINGTON, D . C .
2C551

Emanuel Melichar
Paul T. Balides




Division of Research and Statistics
Board of Governors of the Federal Reserve System
Washington, D C 20551
Not for general distribution. Inquiries should be addressed to the authors.

AGRICULTURAL FINANCE DATABOOK--MONTHLY SERIES

NOVEMBER 1983

SECTION
200

Farm lending operations and experience of nonbank institutions

300

Agricultural banking data

PAGE
3
.29

APPENDIX TABLES
Average interest rates on business and farm borrowings
Percentage changes in farm real estate values




.32
......33

AGRICULTURAL FINANCE DATABOOK—MONTHLY S E R I E S

200

NOVEMBER

1983

FARM LENDING O P E R A T I O N S AND EXPERIENCE OF NONBANK I N S T I T U T I O N S

210

PRODUCTION C R E D I T

211

212

ACTUAL
SEASONALLY ADJUSTED.

ACTUAL
SEASONALLY ADJUSTED ANNUAL RATE.
12-MONTH MOVING T O T A L . .
...

RENEWALS AND COLLECTIONS

2 13. 1M
213.211
213.3M

ACTUAL
SEASONALLY ADJUSTED ANNUAL RATE.
12-MO NTH MOVING T O T A L . .

ACTUAL.....
SEASONALLY ADJUSTED ANNUAL RATE.
12-MO NTH MOVING TOTAL

REFINANCING

2 2 4 . 1M
224.28
224.38

230

ACTUAL
.
SEASONALLY ADJUSTED.

LOANS CLOSED AND NEW MONEY LOANED

2 2 3 . IM
223.2H
2 23„ 3 M
224

(AGRICULTURAL LOANS)

LOANS CLOSED

2 2 2 . 1M
222.21!
222. 3M

223

NOTE B E L 0 8 )

LOANS OUTSTANDING

2 2 1 . IN
221.2M
222

(SEE

ACTUAL
SEASONALLY ADJUSTED ANNUAL RATE
12-MONTH MOVING T O T A L . . .

FEDERAL LAND BANKS

221

EXCEPT AS NOTED)

LOANS MADE AND NEW LOANS

2 12- 1 R
212.2M
2 1 2 . 3H

220

(AGRICULTURAL LOANS,

LOANS OUTSTANDING

211.1S
211.211

213

ASSOCIATIONS

AND REPAYMENTS

ACTUAL
SEASONALLY ADJUSTED ANNUAL RATE.
12-MO NTH MOVING TOTAL

L I F E INSURANCE COMPANIES

231

FARM MORTGAGES OUTSTANDING AND ACQUIRED

2 3 1 . 1M
231.2M
231.38
232

ACTUAL
SEASONALLY ADJUSTED
1 2 - H O NTH MOVING TOTAL

23
%24
,25

..
(MORTGAGES ACQUIRED ONLY)

FARM MORTGAGE COMMITMENTS—OUTSTANDING AND NEB

232.1 M
232.2a
232®38

SOURCES:

ACTUAL
SEASONALLY ADJUSTED
12-MONTH MOVING TOTAL

2

(NEW COHMITBENTS ONLY)

6

III.27

, . . , . . . . . . 2 8

"PRODUCTION CREDIT A S S O C I A T I O N S — S E L E C T E D 80NTHLY LOAN D A T A , "
SUPERVISORY D I V I S I O N , FARM C R E D I T A D M I N I S T R A T I O N ;
"FEDERAL LAND BANKS—SUBBARY OF SELECTED MONTHLY LOAN D A T A , "
TECHNICAL S E R V I C E S D I V I S I O N , FARM C R E D I T A D M I N I S T R A T I O N ;
" D I S T R I B U T I O N OF INVESTMENTS OF U . S . L I F E INSURANCE C O B P A N I E S , "
AND " F 0 R 8 A R D INVESTBENT COMMITMENTS OF REPORTING L I F E INSURANCE
C O M P A N I E S , " AMERICAN COUNCIL OF L I F E I N S U R A N C E .

DATA I N T H I S S E C T I O N ARE OBTAINED FROM TIMELY MONTHLY REPORTS WHICH ARB NOT
R E V I S E D TO R E F L E C T ANY SUBSEQUENT CHANGES OR C O R R E C T I O N S .
I F ONLY YEAR-END
DATA ON OUTSTANDING LOAN VOLUME ARE R E Q U I R E D , USE THE S E R I E S I N S E C T I O N 1 0 0
OF THE
FOR PRODUCTION C R E D I T A S S O C I A T I O N S , DATA ON LOANS OUTSTANDING AND LOANS MADE
DO NOT INCLUDE RURAL HOME LOANS, FARM-RELATED B U S I N E S S LOANS, OB AQUATIC
LOANS.
DATA ON COLLECTIONS AND RENEWALS DO INCLUDE THESE LOANS; HOJTEVER,
THESE T Y P E S OF LOANS REPRESENTED ONLY 2 . 9 PERCENT OF TOTAL OUTSTANDING LOANS
AT PRODUCTION C R E D I T A S S O C I A T I O N S AS OF DECEMBER - 1 9 8 1 .




4
TABLE 2 1 1 . 1M
PRODUCTION C R E D I T A S S O C I A T I O N S
LOANS OUTSTANDING
i
I
J
|
1
1
1
1
1976-JAH...,#

END OF
MONTH

|

AHOUNT
M I L L I O N S OF DOLLARS
END OF
MONTH

J
J
# CHANGE FROM P R E V I O U S |
J
1
1
MONTH
YEAR
1

PERCENTAGE CHANGE
FROM PREVIOUS
MONTH

YEAR

MONTH

YEAR

PERCENTAGE
CHANGE
FROM
PREVIOUS
YEAR
13.0
11.3
10.8
10.6
10. 8
11.0
11.4
12.4
13.0
12.9
12.3
11.2

1.3
1. 1
-9
.6
-2
-.0
-.2
-.8
-.9
—.6

2.2
2.1
2.2
2.3
2.4
2.5
2.4
2.4
2.5
2.4
2.4
2.1

36207.
36373.
36828.
37424.
38266.
39233.
39961.
40237.
40130.
39637.
39064.
39253.

10.9
11.0
10.8
10.7
11.2
11.8
12.4
12.0
11.4
10.6
9.8
8.0

-.5
- 1
.6
.7
.5
.4
.3
.2
-. 1
-.6
-.7
2.1

1.8
1.3
.6
.2
-.1
-.3
-.2
.0
.1
.3
.4
3. 1

38788.
3885039067.
39366.
39971.
40971.
41806.
42261.
42625.
42274.
42164.
42162.

7. 1
6. 8
6. 1
5.2
4.5
4. 4
4.6
5.0
6.2
6.7
7.9
7.4

-2.2
.3
.9
-9
.9
.6
.2
-.4
.6
-.3
-.4
.2

1.4
1.5
1.8
2.0
2.4
2.6
2.5
1.9
2.6
2.9
3.2
1.3

43045.
43218.
43945.
44754.
45494.
46544.
47358.
48166.
48482.
48749.
49032.
50399.

11.0
11.2
12.5
13.7
13.8
13.6
13.3
14.0
13.7
15.3
16.3
19.5

358.7
360.9
365. 1
370.2
372.6
373.6
373.1
372.4
370.3
367. 1
364.8
364.8

.2
.6
1.2
1.4
.6
.3
-.1
-.2
-.5
-.9
-.6
.0

3.7
4.0
4.3
4.8
# 5
4.2
3.8
4.0
2.9
2.3
2.1
1.9

50699.
51015.
51905.
52675.
53299.
54049.
54223.
5397253766.
52854.
52406.
53822.

17.8
18.0
18. 1
17.7
17.2
16. 1
14.5
12. 1
10.9
8.4
6.9
6.8

#
J
I
I
I
|
I
|
J
|
#
|

365.7
369.2
373.8
377.3
380.4
382.8
383.2
383.0
381.5
379.5
375.6
371.9

.2
1.0
1.2
.9
.8
.6
. 1
-. 1
-.4
-.5
-1.0
-1.0

2.0
2.3
2.4
1.9
2. 1
2.4
2.7
2.8
3.0
3.4
3.0
1.9

53712.
54276.
55144.
56016.
56891.
57800.
58586.
58600.
58498.
57671.
56573.
56577.

5.9
6.4
6.2
6.3
6.7
6.9
8.0
8.6
8.8
9. 1
8.0
5. 1

4.3
2. 1
.5
-.7
-1.5
-1.0
-1.5
-1.6
-2.0
-2.5
-3.7
-4.5

1
#
1
#
I
|
1
#
I
|
#
#

369.3
369.0
370.1
371.6
372.7
373.4
373.0
371-6
369.8
366-4
360-8
356-0

-.7
-.1
-3
.4
-3
.2
-.1
-.4
-.5
-.9
-1.5
-1.3

1.0
-.1
-1.0
-1.5
-2.0
-2.4
-2.7
-3.0
-3.1
-3.5
-3.9
-4.3

55476.
55436.
55997.
56464.
57199.
58636.
59307.
59416.
59154.
58216.
56717.
56466.

3.3
2. 1
1.5
.8
.5
1.4
1.2
1.4
1. 1
.9
.3
-.2

-4.8
-5.3
-6. 0
-6.5
-7. 1
-7.9
-8.3
-8.7
-9. 1
-9.6

|
#
1
#
#
#
1
J
|
1

352.0
350.3
349.3
349. 1
349.0
349.1
348.2
346.3
343- 7
339.8

-1.1
-.5
-.3
-.1
-.0
.0
-.2
-.6
-.8
-1.1

-4.7
-5. 1
-5.6
-6.1
-6.4
-6.5
—6. 6
-6.8
-7.1
-7.2

55399.
55294.
55781.
56178.
56770.
57780.
58247.
58173.
57868.
56766.

-. 1
-.3
-. 4
-.5
-.7
-1.5
-1.8
-2. 1
-2.2
-2.5

1165.
1080.
1106.
1191.
1235.
1303.
1378.
1511.
1584.
1600.
1529.
1455.

-.3
1. 0
2.7
2.7
2.5
2. 6
1.5
1. 1
.0
-1.2
-1.6
1.8

12.2
11.T
11.0
11.6
11.8
12.2
12.7
14.0
14.9
15. 1
14.6
13.5

|
#
|
#
|
1
1
|
#
|
1
|

328.1
330.4
334.3
337.7
340.2
342.0
342-9
342-9
341.9
339.6
336.6
335.6

1 9 7 7 - J A N. - . - 1
-FEB..... |
— MAR
1
-APR. . , . 1
-MAY
1
-JO N...o |
-JUL..... |
-AUG
1
-SEP
1
-OCT....|
-NOV.... 1
-DEC.....#

12140.
12273.
12583.
12929.
13333.
13749.
14038.
14133.
14069.
13789.
13471.
13454.

-56.
133.
310.
346.
404.
416.
289.
95.
-63.
-281.
-317.
-17.

1429.
1450.
1466.
1508.
1626.
1743.
1847.
1813.
1748.
1618.
1491.
1258.

-.5
1. 1
2.5
2.8
3. 1
3. 1
2. 1
.7
-.4
-2.0
-2.3
-. 1

13.3
13.4
13.2
13.2
13.9
14.5
15.2
14.7
14.2
13.3
12.4
10.3

|
1
J
|
J
I
1
|
|
1
I
#

335.3
337.4
341.7
345.5
348.4
350.4
351-3
351-2
350.6
347.9
344.9
342.8

1978—JAN
|
-FEB....1
-MAR
J
-APR
. |
-MAY
J
-JON
|
- JUL. . . . |
-AUG.... j
—SEP....I
-OCT
i
-NOV...., 1
-DEC
1

13233.
13274.
13427.
13630.
13909.
14312.
14652.
14846.
14955.
1474 3 .
14601.
14901.

-221.
40.
153.
203.
279.
403.
339.
195.
109.
-211..
-142..
300.

10931001.
844.
700576.
563.
614.
714.
885.
955.
1130.
1447.

-1.6
.3
1.2
1.5
2.0
2.9
2.4
1.3
.7
-1.4
-1.0
2. 1

9.0
8.2
6.7
5.4
4.3
4. 1
4.4
5.0
6.3
6.9
8.4
10.8

|
|
|
|
J
J
|
|
|
j
#
|

341.2
341-7
34 3 . 7
346.2
348.0
349.3
350.5
351.3
350.8
348.8
346-3
353.4

197 9 - J A N . . . . ]
-FEB.... |
-MAR
|
— APR. . . . . i
-MAY.... 1
— J U N . . ...#
-JUL....|
-AUG
1
-SEP
J
-OCT....J
-NOV.... j
-DEC....|

14884.
14991..
15381.
15807.
16214.
16688.
17015..
17242.
17452.
17491.
17520.
18045..

-17.
107..
390.
426.
407.
474.
327.
226.
211.
39.
30.
524.

1651.
1717.
1954.
2178.
2305.
2376.
2364.
2395.
2498.
2747.
2919.
3143.

-. 1
.7
2.6
2.8
2.6
2.9
2.0
1.3
1.2
.2
-2
3.0

12.5
12.9
14.6
16.0
16.6
16.6
16. 1
16.1
16.7
18.6
20.0
21. 1

1
|
|
1
1
|
|
|
|
1
J
|

345.8
346-9
350-0
353.2
356-4
358.5
359.3
358.0
360.0
358.8
357.3
358.0

1980-JAN..-.|
-FEB....#
-MAB.. ... |
—APR....|
-MAY....*
-JU N
|
-JUI
|
-AUG..-.J
-SEP
J
-OCT...«|
-NOV
.|
-DEC....|

18184.
18410.
18953.
19498.
19857.
20195.
20230.
20097.
19911.
19400.
19119.
19636.

140.
226.
543.
545.
359.
338.
35.
-133.
-186.
-511.
-282.
518.

3300.
3419.
3572.
3691.
3643.
3507.
3215.
2855.
2459.
1909.
1598.
1592.

.8
1.2
2.9
2.9
1.8
1.7
-2
-.7
-.9
-2. 6
-1.5
2.7

22-2
22.8
23.2
23.3
22.5
21.0
18.9
16.6
14. 1
10.9
9. 1
8.8

#
|
|
|
#
|
|
I
#
1
|
J

1981-JAN....]
-FEB....#
-MAR....#
— APR. . . . |
-HAY...o ]
—JUN.... |
-JUL....j
-AUG.... J
-SEP
|
-OCT. ...»#
-NOV.... |
-DEC....|

19643.
20039.
20612.
21137.
21639.
22126.
22449.
22441.
22315.
21884.
21250.
21042.

7.
396.
573.
524.
502.
487.
324.
-8.
-127.
-431.
-634.
-207.

1459.
1629.
1659.
1638.
1782.
1930.
2219.
2344.
2404.
2483.
2131.
1406.

.0
2.0
2.9
2.5
2.4
2.2
1.5
-.0
—. 6
-1.9
-2.9
-1.0

8.0
8.8
8.8
8.4
9.0
9.6
11.0
11.7
12. 1
12.8
11. 1
7.2

1982-JAN....J
-FEB... . j
-MAR.... 1
-APR....#
-MAY.... |
-JO a . . . . #
-JUL....#
-AUG
|
-SEP.... |
-OCT....|
-NOV
1

20487.
20457.
20722.
20981.
21320.
2189 8.
22123.
22077.
21875.
21328.
20463.
20101.

-556.
-30.
265.
259.
339.
578.
225.
-45.
-203.
-547.
-864.
-362.

843.
418.
110.
-155.
-319.
-228.
-326.
-364.
-440.
-556.
-787.
-941.

-2.6
-.1
1.3
1.3
1.6
2.7
1.0
-.2
. -.9
-2.5
-4. 1
-1.8

1983-JAN
1
-FEB...o |
— MA R . . . . i
-APR.... j
—MA Y . •». . 1
-JUN....#
-JUL.... 1
-AUG
J
-SEP
1
-OCT
|
1

1949819367.
19486.
19609.
19813.
20168.
20284.
20146.
19887.
19290.

-603.
-131.
119.
123.
204.
355.
116.
-138.
-260.
-596.

-989.
-1090.
-1236.
-1372.
-1507.
-1729.
-1838.
-1931.
-1988.
-2037.

-3.0
-.7
.6
.6
1.0
1.8
.6
-.7
-1.3
-3.0




DOLLARS

32646.
32761.
33250.
33815.
34415.
35106.
35552.
35926.
36036.
35837.
35591.
36338.

-30.
112.
294.
304.
286.
299.
185.
129.
2.
-151.
-190.
216.

-DEC....|

PERCENTAGE CHANGE
FROM PREVIOUS

-.7
-.2
.2
.9
.9
1.0
1.2
1.4
1.6
1.9
2. 1
2.1

10711.
10823.
11117.
11421.
11707.
12006.
12191.
12319.
12321.
12170.
11981.
12196.

-MAR... . |
-APR
J
-MAY....,!
— JO N
|
—JUL...eI
-A0G....1
-SEP....|
—OCT....|

AVERAGE S I Z E

NUMBER OF BORROWERS

I
1
I
i
| THOUSANDS|
1
i
1
1

-.2
1.2
1.0

TABLE 2 1 1 . 2 M

PRODUCTION C R E D I T A S S O C I A T I O N S
LOANS OUTSTANDING
SEASONALLY-ADJUSTED DATA
J

END OF
MONTH

j
J
1
1

MILLIONS OF DOLLARS
END OF
MONTH

|
I
1 CHANGE FROMI PREVIOUS |
1
1
1
MONTH
YEAR
§
J
(SAAR)
i

PERCENTAGE CHANGE
FROM PREVIOUS
MONTH
(SAAR)

YEAR

NUMBER OF BORROWERS

i
1
1
1
1 THOUSANDS|
I
1
1
J
1
|

AVERAGE S I Z E

PERCENTAGE CHANGE
FROM P R E V I O U S
MONTH
(SAAR)

YEAR

DOLLARS

PERCENTAGE
CHANGE
FROM
PREVIOUS
YfAR

1976-JA N - . . . |
-FEB
|
- MA R .
|
-AP8
|
-MAY
|
— JUN. « . . |
-JUL
|
-AUG,..„J
-SEP
|
-OCT
1
-NOV
1
-DEC
|

11052.
1114 3 .
11289.
11435.
11552.
11667.
11787.
11955.
12067.
12221.
12314.
12406.

1480.
1136.
1892.
1875.
1491.
1460.
1524.
2175.
1418.
1983.
1161.
1155.

1198.
1128.
1 152.
1224.
1249.
1290.
1325.
1444.
1521.
1585.
1550.
1470.

13.5
10.3
17.0
16.6
13.0
12.6
13. 1
18.5
11.9
16.4
9.5
9.4

12.2
11.3
11.4
12.0
12. 1
12.4
12.7
13.7
14.4
14.9
14.4
13.4

I
I
1
1
I
1
1
I
1
I
i
1

334.3
334.7
335.3
336.0
336.6
337.3
338. 1
338.7
339.1
340.1
341.1
340.6

.8
1.6
2.2
2.5
2.4
2.2
2.9
2.3
1.5
3.3
3.8
-1.7

-.8
-.2
.3
1.0
1.0
1.2
1-3
1.4
1.6
1.8
1.9
2.0

33065.
33292.
33668.
34033.
34316.
34594.
34866.
35296.
35583.
35939.
36099.
36423.

13. 1
11.5
11.0
10.9
11.0
11. 1
11.2
12. 1
12.6
12.8
12.2
11.2

1977-JAN
J
-FEB...., J
-MAR....I
—APR...u|
-MAY.,.. 1
-JON
|
-JUL....j
-AUG....J
-SEP.... J
-OCT
J
-NOV
|
-DEC
|

12522.
1265212802.
12969.
13181.
13378.
13571.
13698.
13757.
13830.
13828.
13682.

1463.
1650.
1917.
2160.
2788.
2562.
2519.
1606.
725.
896.
-22.
-1653.

1470.
1509.
1512.
1534.
1629.
1710.
1784.
1744.
1690.
1609.
1514.
1276.

11.8
13.2
15. 1
16.9
21.5
19.4
18.8
11.8
5.3
6.5
-.2
-12.0

13.3
13.5
13.4
13.4
14. 1
14.7
15. 1
14.6
14.Q
13.2
12-3
10.3

I
I
1
1
1
|
I
I
I
I
1
I

341.2
341.8
342.9
344.0
345.0
345.9
346.6
347.0
347.9
348. 1
349. 1
347.5

2.0
2.3
3-9
3.8
3.7
3.0
2.6
1.4
2.9
.8
3.5
-5.4

2.1
2.1
2.3
2.4
2.5
2.6
2.5
2.5
2.6
2.4
2.3
2.0

36701.
37013.
37332.
37704.
38204.
38677.
39152.
39472.
39549.
39731.
39613.
39378.

11.0
11.2
10.9
10.8
11.3
11.8
12.3
11.8
11. 1
10.6
9.7
8. 1

1 9 7 8 - J AN.
|
-FEB....J
— MA R . . . »j ]
-APfi.o.-J
— MA Y . • . • J
-JUN....1
- J U L . . * «1
-AUG.... J
-SEP.... 1
—OCT.,,. . J
-NOV
1
-DEC
j

13650.
13694.
13670.
13679.
13763.
13932.
14164.
14387.
14613.
14774.
14971.
15161.

-385.
548.
-291.
113.
1040.
2168.
3051.
2928.
2956.
2046.
2554.
2442„

1128.
1043.
868.
710.
582.
554.
592.
689.
856.
944.
1143.
1479.

-2.8
4.0
-2. 1
.8
7.6
15.8
21.9
20.7
20.5
14.0
17.3
16.3

9.0
8.2
6.8
5.5
4.4
4. 1
4.4
5.0
6.2
6.8
8.3
10.8

I
I
J
1
1
1
J
1
I
I
1
1

346.9
346.1
345.1
345.0
344.7
344.9
346.0
347.2
348.2
348.8
350.3
358.0

-2.1
-2-6
-3.2
—. 6
-.9
.7
3.9
4.2
3.5
2.0
5.2
30.2

1.7
1.2
-6
.3
-.1
-.3
-.2
.0
.1
.2
.3
3.0

39352.
39569.
39607.
39655.
39928.
40394.
40934.
41437.
4 1967.
42357.
42744.
42343.

7.2
6.9
6. 1
5.2
4.5
4. 4
4.6
5.0
6. 1
6.6
7.9
7-5

1979-JAN..,.. |
-FEB
|
-MAR.
J
—APR.... |
-MAY
|
-JON
1
-JUL....|
-AUG...., 1
-SEP
j
-OCT
]
-NOV....;
-DEC
|

15357.
15479.
15667.
15869.
16048.
16240.
16442.
16706.
17042.
17513.
17949.
18383.

2529.
1531.
2416.
2594.
2290.
2457.
2598.
3463.
4510.
6602.
6006.
5953.

1708.
1785.
1998.
2189.
2285.
2308.
2278.
2319.
2429.
2740.
2978.
3222.

16.7
10. 0
15.6
16.6
14.4
15.3
16.0
21.1
27.0
38.7
34.3
33.2

12.5
13.0
14.6
16.0
16.6
16.6
16. 1
16. 1
16.6
18.5
19.9
21.2

|
J
1
I
I
1
1
4
J
1
I
J

351.4
351.3
351.7
352.1
353.1
354.1
354.8
353.9
357.3
358.7
361.2
362.6

-20.3
-.1
1.2
1-5
3-5
3.3
2.6
-3.2
12.3
4-8
8-9
4-5

1-3
1.5
1.9
2.1
2.4
2.7
2.5
1.9
2.6
2.8
3.1
1.3

43708.
44060.
44551.
45069.
4544745867.
4633847211.
47697.
48827.
49687.
50700.

11. 1
11.3
12.5
13.7
13.8
13.6
13.2
13.9
13.7
15.3
16.2
19.7

1 9 8 0 - JA U
j
-FEB....j
-MAR.... |
— APR.... . j
— MA Y. n . s |
—JUN.„ . . |
-JUL.... J
-AUG... . |
—SEP....J
—OCT.«,. o |
— NOV. . . v |
-DEC
1

18776.
19030.
19319.
19585.
19656.
19637.
19532.
19467„
19437.
19416.
19566.
20027.

5326.
3281.
3764.
3451.
865.
-227.
-1223.
-762.
-357.
-247.
1867.
6316.

3419.
3551.
3651.
3716.
3608.
3397.
3090.
2761.
2395.
1903.
1617.
1644.

29.0
17.5
19.8
17.9
4.4
-1.2
-6.2
-3.9
-1.8
-1.3
9.6
32.3

22.3
22.9
23.3
23.4
22.5
20.9
18.8
16.5
14. 1
10. 9
9.0
8-9

I
|
|
1
I
1
J
|
I
|
|
I

364.4
365.5
367. 1
369.2
369.3
369.0
368.5
368.2
367.7
367.0
368.5
369.3

6. 1
3.8
5.3
7.1
.4
—. 8
-1.7
-1.0
-1.7
-2.3
5.2
2.5

3.7
4.0
4.4
4.8
4.6
4.2
3.9
4.1
2.9
2-3
2-0
1.9

51532.
52067.
52630.
53053.
53228.
5321253002.
52872.
5286752912.
5309254230.

17.9
18.2
18. 1
17.7
17. 1
16.0
14.4
12.0
10.8
8. 4
6.9
7.0

198 1—JAN..,. . |
—FEB....|
— MAR. •>. . |
—APR.™« « |
-MAY. . . . J
— JU N_ . . r> |
-JUL....)
-AUG....1
-SEP....|
-OCT....I
-NOV.... |
—DEC....|

20296.
20738.
21027.
21246.
21420.
21483.
21637.
21703.
21747.
21864.
21760.
21508.

3473.
5998.
3744.
2779.
2181.
769.
1922.
809.
534.
1440.
-1215.
-2834.

1519.
1708.
1709.
1661.
1764.
1846.
2105.
2236.
2310.
2447.
2194.
1481.

17.3
29.6
18. 1
13.2
10.3
3.6
8.9
3.7
2.5
6.6
-5. 6
-13.0

8.1
9.0
8.8
8.5
9.0
9.4
10.8
11.5
11.9
12-6
11.2
7.4

i
1
|
I
1
|
J
I
|
I
I
|

371.4
373.9
375.9
376.4
377. 1
378.0
378.2
378.4
378.3
378.8
379.7
376.8

7.1
8.3
6.5
1.8
2.2
2.9
.8
.6
-.3
1.7
2.8
-9.0

1.9
2.3
2.4
2.0
2.1
2.4
2.6
2.8
2.9
3.2
3.0
2.0

54644.
55467.
5594556443.
56804.
56837.
57206.
57353.
57485.
5771057302.
57086.

6.0
6.5
6.3
6.4
6.7
6.8
7.9
8. 5
8.7
9. 1
7.9
5.3

1982-JAN. . . . |
-FEB.. . „ J
-MAR.... I
-APR....j
—M A I . . . . J
-JUN
-JUL....|
-AUG.... J
-SEP..,.. j
-OCT....|
- NO V . . . . J
—DEC.... |

21203.
21205.
21168.
21114.
21109.
21243.
21294.
21326.
21298.
21287.
20956.
20566.

-3386.
27.
-446.
-638.
-58.
1665.
613.
392.
-335.
-126.
-3650.
-4233.

908.
467.
141.
-132.
-310.
-240.
-343.
-377.
-449.
-576.
-803.
-942.

-15.7
. 1
-2. 1
-3.0
-.3
7.9
2.9
1.8
-1.6
—. 6
-17. 1
-20.2

4.5
2.3
.7
-.6
-1.4
-1.1
-1.6
-1.7
-2.1
-2.6
-3.7
-4.4

1
J
I
|
I
|
|
|
I
|
]
I

375.3
373.9
372.3
370.8
369.7
368.8
368.1
367.1
366.6
365.6
364.8
360.7

-4.4
-4.5
-4.9
-4.9
-3.6
-2.9
-2.2
-3.1
—1.6
-3.3
-2.7
-12.7

1.1
.0
-.9
-1.5
-2.0
-2-4
-2.7
-3.0
-3.1
-3.5
-3.9
-4.3

56491.
56714.
56853.
56945.
57105.
57608.
57850.
58091.
58095.
58227.
57451.
57021.

3.4
2.2
1.6
.9
.5
1.4
1. 1
1.3
1. 1
.9
.3
-. 1

198 3 - J A N
|
20198.
20088.
—FEB... . |
19918.
—MAR.... |
19748.
—APR . . . . |
19624.
-MAY
1
-JU
19562.
19513.
-JUL.... j
-AUG
j
19452.
19357.
-SEP....I
-OCT.....!
19253.
I ..

-4001.
-1281.
-1949.
-1948.
-1437.
-739.
-575.
-719.
-1109.
-1215.

-1005.
-1117.
-1250-1366.
-1485.
-1681.
-1780.
-1874.
-1941.
-2034.

-19.5
-6.3
-9-7
-9.8
-7.3
-3.8
-2.9
-3.7
-5.7
-6.3

-4.7
-5.3
-5.9
-6. 5
-7.0
-7.9
-8.4
-8.8
-9. 1
-9.6

|
1
J
1
1
|
|
|
|
|

357.8
354.9
351.5
348.3
346.2
344.7
343.7
342.2
340.8
339.2

-9.2
-9.2
-10.8
-10.4
-7.0
-5. 1
-3-7
—4 . 8
-5- 1
-5.4

-4.7
-5.1
-5.6
-6.1
-6.3
-6-5
-6.6
-6. 8
-7.1
-7.2

56457.
56601.
56659.
56693.
56681.
56744.
56779.
56837.
56808.
56763.

-. 1
-.2
-.3
-.4
-.7
-1.5
-1.9
-2.2
-2.2
-2.5




6
TABLE 2 \2n 1M

PBODUCTION C R E D I T A S S O C I A T I O N S
LOANS MADE AMD NEB LOANS

J
1
1
1

NEW LOANS

LOANS MADE

1
MONTH

1ILLI0BS |
OF
|
DOLLASS |
I

PEBCENTAGE CHANGE
FROM PREVIOUS
MONTH

YEAS

AS PERCENTAGE OF
|
|
COLLECi LOANS OUTTIONS
1 STANDING*

MILLIONS
OF
DOLLARS
i

MONTH

YEAR

-21.
-13.
31.
-2.
-10.
10.
-19.
-1.

10.
10.
39.
23.
16.
21.
6.
21.
10.

-17.
-10.
30.
-7.

10.
811.
10.
9.
10.
8.
7.
7.
7.
8.
11.

97.
114.
134.
137.
140.
136.
126.
116.
100.
86.
85.
120.

9
5
0
3
8
6
7
3
4
5
7
0

9.
8.
11.
10.
9.
9.
7.
7.
7.
7.
8.
10.

95.
115.
130.
140.
150.
151141.
111.
94.
78.
77.
99.

-12.
-11.
39-11.
62.
-13.
2.

4. 8
3. 3
10. 5
6. 1
14. 2
14. 8
21. 7
27. 0
28. 7
42. 1
36. 7
29.8

9.
8.
11.
10.
10.
10.
9.
8.
8.
910.
12.

84.
104.
114.
119.
125139.
138.
118.
109.
87.
90.
120.

1679.
1379.
1838.
1783.
1760.
1748.
1574.
1497.
1508.
1937.
1888.
2285.

-3.
-17.
33.
-3.
-1.

8
9
3
0
3
,6
-10. 0
-4.9
,8
28.4
- 2 .,5
21.0

42.7
32. 5
27.0
3 8 .,8
28.0
24.1
29-2
20.4
21.8
36.5
31.2
30.9

11.
9.
12.
12.
11.
11.
9.
9.
9.
11.
11.
13.

99.
108.
126.
130.
129.
136.
125.
117.
115.
101.
101.
128.

163.
195.
213.
211.
174.
161.
133.
123.
117.
102.
119.
178.

2226.
1781.
2044.
1957.
1834.
1828.
16481403.
1583.
1839.
1677.
2636.

-2. 6
-20.0
14.7
-4.2
-6.3
-.3
-9.8
-14.9
12.8
16.1
-8.8
57.1

32.6
29-2
11.2
9-7
4.2
4.5
4.7
-6.2
5.0
-5.1
-11.2
15.4

12.
10.
11.
10.
9.
9.
8.
7.
8.
99.
14.

106.
117.
135.
138.
124.
121.
101.
90.
89.
78.
85.
124.

1816.
1917.
13.
13.
12.
910.
10.
10.
17.

153.
213.
206.
195.
183.
167.
156.
128..
120.
106.
100.
141.

2319.
1906.
2404.
2323.
2033.
2116.
1948.
1596.
1688.
1733.
1646.
2365.

-12.0
-17.8
26. 1
-3.4
-12.5
4.1
-8.0
-18.0
5.7
2.7
-5.0
43.7

4.2
7.0
17.6
18.7
10.9
15.8
18.2
13.8
6.6
-5.7
-1.9
-10.3

12.
10.
12.
11.
10.
10.
97.
8.
8.
8.
11.

100.
126.
131.
129133.
129.
119.
99.
9380.
72.
92.

9
2
9
5
4
5
3
3
0
9
2
6

15.
14.
18.
16.
13.
13.
10.
10.
9.
9.
11.
16.

126.
181.
196.
192.
185.
185.
153.
132.,
117,
99..
92.
134..

1876.
1570.
2131.
1986.
1852.
2155.
1685.
1565.
1582.
1528.
1652.
2119.

-20.7
-16.3
35.7
—6. 8
-6.7
16.4
-21.8
-7.1
1.1
-3.5
8.1
28.3

-19.1
-17.6
-11.4
-14.5
-8.9
1.8
-13.5
-1.9
-6. 3
-11.8
.4
-10.4

9.
8.
10.
10.
9.
10.
87.
7.
78.
10.

77.
98.
114.
116.
124.
140.
116.
98.
89.
74.
66.
88.

2 ., 3
-10. 7
-7. 1
- 1 3 . ,0
-9.3
-14.2
-13. 3
-8.0
-12. 1
-3.0

16.
13.
18.
15.
13.
12.
10.
10.
9.
10.

123.
170.
194.
187.
172.
172.
148.
127116.
96.

1946.
1409.
1900.
1667.
1664.
1806.
1423.
1437.
1381.
1465.

-8.2
-27.6
34.9
-12.3
-.2
8.6
- 2 1 .2
.9
-3.9
6 .1

3-7
-10.2
-10-8
-16.0
-10.2
-16.2
-15.5
- 8 .. 2
-12.7
-4. 1

10.
710.
9.
8.
9.
7.
7.
7.
7.

76.
92.
108.
109.
114.
126.
109.
94.
88.
71.

-11.
-11.
21.
-11.
-17.
1.
-18.

13.
12.
32.
18.
12.
19320.
9.
-224.
6.

6
8
6
3
3
1
6
1
9
0
5
2

17.
15.
18.
15.
12.
12.
10.
10.
9.
1012.
18.

1977—JAN....|
-FEB
|
— MA B . * * . |
-APR
|
- MA Y . |
J U N . « , . «•}
-JUL,,-AUG
|
-SEP
\
-OCT
J
-NOV....J
-DEC
|

1974.
1830.
2196.
1874.
1652.
1615.
1292.
1281.
1284.
1326.
1545.
2179.

-8.
-7.
20.
-14.
-11.
-2.
-20.

1
3
0
7
8
3
0
8
2
3. 2
16. 6
41. 0

10.
14.
13.
9.
17.
12.
9.
8.
9.
9.
3.
1.

0
8
7
3
0
3
7
8
9
5
9
5

16.
15.
18.
15.
13.
12.
9.
9.
9.
9.
11.
16.

168.
209.
219.
217.
206.
198.
182.
145.
126.
104.
113.
161.

1122.
1007.
1310.
1211.
1203.
1227.
1001.
979.
962.
999.
1053.
1345.

1978—JAN. . . » |
-FEB---o1
-MAR
1
-APR.... |
-MAT.
|
-JUN
1
— J U L . . .«»1
— AO G . . . m |
-SEP.... |
-OCT
1
-NOV....|
—DEC...o|

2054.
1912.
2414.
2028.
1909.
1788.
1544.
1593.
1577.
1804.
1967.
2608.

-5. 7
—6. 9
26. 3
— 16.0
-5. 8
— 6 .4
— 1 3 .6
3. 2
-1. 0
14. 4
9. 1
32. 6

4.
4.
9.
8.
15.
10.
19.
24.
22.
36.
27.
19.

1
5
9
2
6
7
5
3
8
0
3
7

15.
14.
18.
15.
14.
13.
11.
11.
11.
12.
13.
18.

146.
191.
191.
187.
174.
176.
175.
151.
139.
110.
124.
180.

1176.
1040.
1447.
1285.
1374.
1409.
1218.
1243.
1238.
1420.
14391746.

1979-JAN....|
—FEB.. .«»|
— M A R . |
-APR
|
-MAT.. ... |
—JUN.... 1
-JUL
]
-AUG
,1
—SEP. . . . |
-OCT
|
-NOV
|
-DEC
J
1
1980-JAN.... . |
-FEB... . |
-MAR
|
-APR..--1
-MAY....I
-JUN....J
-JUL
|
-AUG... . |
-SEP
1
-OCT
1
-NOV... . |
-DEC
|

2697.
2350.
2890.
2621.
2352.
2148.
1962.
1910.
1880.
2441.
2516.
3259.

3.
-12.
22-9.
-10.
-8.
-8.
-2.
-1.
29.
3.
29.

3 1« 3
23. 0
19. 7
29. 3
23. 2
20. 1
27. 1
19. 9
19. 2
35. 3
27. 9
24. 9

18.
16.
19.
17.
15.
1312.
11.
11.
14.
14.
19.

158„
183.
199.
191.
173.
167.
156.
149.
144.
128.
135.
182.

3427.
2981.
3205.
2977.
2588.
2431.,
2161.
1909.
2087.
2395.
2333.
3793.

5. 2
-13. 0
7. 5
-7. 1
-13. 1
—6.1
-11. 1
-11. 6
9. 3
14. 7
-2. 6
62. 6

27.
26.
10.
13.
10.
13.
1011.
-1.
-7.
16.

1
8
9
6
0
2
1
0
0
9
3
4

19.
16.
17.
16.
13.
12.
11.
9.
10.
12.
12.
20.

1 9 8 1 - J AN
|
-FEB
|
-MAR
1
-APB
1
-MAY
1
-JUN
|
-JUL
1
-AUG
1
-SEP
|
-OCT
1
-NOV
|
—DEC..,..}

3562.
3225.
3780.
3522.
2803.
2738.
2560.
2070.
2188.
2305.
2294.
3611.

—6. 1
-9. 5
17. 2
-6. 8
-20. 4
-2. 3
-6- 5
-19. 2
5. 7
5. 4
5
57. 4

38.
17.
18.,
8.
12.,
18.,
8.
4U
-3„
-1.
-4.

9
2
9
3
3
6
5
4
8
8
7
8

1982-JAN
J
-FEB.... |
— HA B.«> . ta |
-APR
|
MA Y » • . o |
-JUN
1
—JUL...u|
-AUG
|
-SEP
1
-OCT
|
-NOV....J
-DEC....1

3067.
2896.
3669.
3291.
2763.
2861.
2221.
2118.
2079.
2031.
2321.
3229.

-15.
-5.
26.
-10.
-16.
3.
-22.
-4.
-1.
-2.
14.
39.

0
6
7
3
0
5
4
6
8
3
3
1

-13.,
-10.
- Zn
-6.
-1.
4.
-13.
2„
-5.
-11.
1.
-10.

1983-JAN
|
-FEB....1
-MAH....I
-APR
1
-MAY....|
-JUN
1
-JUL
|
-AUG
1
-SEP....|
-OCT
1
i

3139.
2587.
340.8.
2862.
2507.
2455.
1925.
1948.
1828.
1969-

-2. 8
-17. 6
31. 7
-16. 0
-12. 4
-2. 0
-21. 6
1. 2
-6. 1
7.7

— MAR. . . . |
-APR.. . . 1
-MAY
»|
-JON....I
-JUL
1
-AUG.... |
-SEP....)
-OCT
|
-NOV
1
-DEC...o|

4
8
9
3
3
7
6
7
6
9
1
5

AS PERCENTAGE OF
|
1
COLLEC1 LOANS OUTTIONS
1
STANDING*

2
9
5
3
4
9
4
8
6
8
25. 4
3. 4

1795.
1594.
1932.
1714.
1412.
1439.
1177.
1178.
1169.
12111488.
2147.

2
2
2
3
6
9
2
1
8
3. 6
22. S
44. 3

PEBCENTAGE CHANIGE
FROM PREVIOUS

1030.
887.
1170.
1139.
1021.
1 130.
912.
696.
896.
904.
1025.
1359.

169.
205.
222.
206.
193.
174.
163.
153.
131.
115.
123.
189.

1976—JAN....|

1
|
|
1

6
9
9
6
3
6
3
7
1
1. 0
13. 4
32. 6

2.
-18.
-2.
-1.
3.
5.
27.

4
2
0
5
6
0
5
1
8
9
4
8

5
6
1
2
9
5
6
1
4
14. 6
1. 4
21. 3

8.
13.
12.
6.
17.
8.
9.
9.
7.
10.
2.
-1.

* LOANS OUTSTANDING AT BHD OP PBECEDING MONTH.
"MSB LOANS" ABB COMPUTED AS LOANS MADE L E S S RENEWALS.




RENEWALS INCLUDE SOME NONAGHICULTUBAL LOANS

(SEE

NOTE ON PAGE 3 ) .

m n

212.2a
FBOpOCTZO* C1KDXT SSSOCISTXOBS
i o n s h p s lie m
t o n s
SEASOBALLI-ADJUSTBD A I N U BATB

HO NTH

1
I
| MILLIONS |
OF
|
1
DOLLARS |
1
1
1

LOAMS BAD!
PEBCEBTAG1 CHANGE
FROM PRETIOOS
BOMTB

YEAR

j
|

AS PBBCBBTA6B OF

LOANS OUTCOLLEC1 STAPP ! ! < ? • .
TIMS

1
HILIIOBS (
OF
1
DOLLARS J
i

PBBCBBTA6B CBABGB
FBOB P B B f l O D S

1
AS PBBCEBTA6E OF
1
1 LOANS OUT— COLLEC1
STANDING*
TIOBS

MONTH

YEAR

197 6 - J A N
|
—FEB. . • . |
-NAB....J
-APB
|
" MA T . . . m |
-JUN....|
-JUL....1
-AOG
|
-SEP
|
-OCT
1
-HOY
1
-DEC....|

17635.
17685..
18355.
18575.
17 5 2 3 .
18582.
17686.
18317.
18468.
16819.
19215.
20028.

—6. 0
.3
3.8
1.2
-5.7
6.0
-4.8
3.6
.8
-8.9
14.2
4.2

14.3
13.2
30.5
16.3
11.2
18.7
4. 1
20.5
9.8
.2
25.5
6.7

161.
160.
165.
165.
153.
161.
152.
155.
154.
139.
157.
163.

169.
165.
171.
169.
167.
154.
178.
174.
167.
164.
162.
170.

11674.
#1777.
12394.
12871.
11982.
12846.
12065.
12421.
12621.
11414.
12921.
13286.

-9.1
.9
5.2
3.8
-6.9
7.2
-6. 1
2.9
1.6
-9.6
13.2
2.8

11.3
12.4
37.7
21.5
15.1
21.0
6.7
22.7
10.4
1.0
25.9
3.4

107.
107.
111.
114.
105.
111.
103.
105.
106.
95.
106.
109.

112.
110.
116.
117.
115.
106.
122.
118.
114.
112.
109.
113.

197 7 - J A N
|
— F E B . j
—M A R . |
-APR....#
|
— HA T . .
-JUN...„|
-JUL..... J
-AUG..,.]
—S E P . . • n J
—OCT. u . a» I
-NOT.... |
-DEC....J

19460.
20311.
20567.
20095.
20274.
20794.
19549.
20052.
20307.
18663.
20128.
20432*

-2.8
4.4
1.3
-2.3
.9
2.6
-6.0
2.6
1.3
-8.1
7.8
1.5

10.4
14.9
12. 1
8.2
15.7
11.9
10.5
9.5
10.0
11.0
4.8
2.0

157.
162.
163.
157.
156.
158.
146.
148.
148.
136.
146.
148.

170.
169.
169.
176.
180.
178.
195.
163.
158.
150.
150.
146.

12725.
13465.
13734.
13568.
13985.
13914.
13347.
13730.
13579.
12716.
13295.
13130.

-4.2
5.8
2.0
-1.2
3.1
-.5
-4.1
2.9
-1.1
-6.4
4.6
-1.2

9.0
14.3
10.9
5.4
16.7
9.3
10.6
10.5
7.6
11.4
2.9
-1.2

103.
108.
109.
106.
108.
106.
100.
101.
99.
92.
96.
95.

111.
112.
113.
119.
124.
119.
133.
111.
106.
102.
99.
94.

1978-JAN
|
-FEB
i
— MAfi.„. * J
-APB
1
—MA T . n . « |
-JUN....I
- JUL...«|
-AUG.... <
-SEP....j
—OCT....J
-NOV
1
-DEC....]

20248.
21144.
22426.
21566.
23270.
23030.
23390.
25177.
24872.
25562.
25805.
24544.

-.9
4.4
6.1
—3. 8
7.9
-1.0
1.6
7.6
-1.2
2.8
.9
-4.9

4.0
4.1
9.0
7.3
14.8
10.8
19.6
25.6
22.5
37.0
28.2
20.1

148.
155.
164.
158.
170.
167.
168.
178.
173.
175.
175.
164.

149.
154.
147.
151.
152.
159.
187.
169.
173.
160.
165.
164.

13243.
13886.
15086.
14355.
15921.
16065.
16270.
17661.
17504.
19127,
19159.
16987.

.9
4.9
8.6
-4.8
10.9
.9
1.3
8.5
-.9
3.6
.2
—6.5

4.1
3.1
9.9
5.9
13.9
15.5
21.9
29.6
29.9
42.6
36.6
29.4

97.
102.
110.
105.
116.
117.
117.
125.
122.
124.
123.
113.

98.
101.
99.
101.
104.
111.
130.
119.
122.
113.
116.
113.

1979-JAN. . . . . |
—FEB. • . . 1
—MAI.... J
— APB. . • n |
— MAT. * . * |
-JUN....J
-JUL. . . « 1
-AUG....j
-SEP.... 1
-OCT...,. 1
-NO?...e|
—DEC...„|

26515.
26008.
26813.
27668.
28581.
27550.
29660.
30411.
29583.
34639.
33429.
30718.

8.0
-1.9
3. 1
3.2
3.3
-3. 6
7.7
2.5
-2.7
17. 1
-3.5
-8.1

31.0
23.0
19.6
28.3
22.8
19.6
26.9
20.9
19.9
35.5
29.5
25.2

175.
169.
173.
177.
180.
172.
183.
185.
177.
203.
191.
171.

163.
147.
153.
153.
151.
151.
165.
168.
178.
186.
182.
167.

19657.
19388.
19179.
19904.
20465.
20025.
20973.
21466.
21307.
24790.
23949.
22060.

9.8
-1.4
4.3
3.8
2.8
-2.2
4.7
2.4
-.7
16.3
-3.4
-7.9

40.9
32.4
27.1
39.7
29.5
24.6
29.9
21.5
21.7
36.9
31.9
29.9

123.
120.
124.
127.
129.
125.
129.
131.
128.
145.
137.
123.

115.
104.
109.
110.
108.
110.
117.
118.
128.
133.
131.
120.

1980-JAN.... 1
-FEB.... |
-HAB....I
-APB
.|
-MAI....I
-JUN. .... 1
-JOX
.1
-AUG.... 1
-SEP....#
-OCT.... 1
— NOV... . J
-DEC
1

33597.
33159.
29731.
31158.
31434.
30957.
32546.
30573.
32801.
34108.
31367.
35683.

9.4
-1.3
-10.3
4.8
.9
-1.5
5. 1
—6. 1
7.3
4.0
-8.0
13.8

26.7
27.5
10.9
12.6
10.0
12.4
9.7
.5
10.9
-1.5
-6.2
16.2

183.
177.
156.
161.
161.
157.
166.
157.
168.
175.
162.
182.

170.
156.
163.
167.
152.
145.
140.
140.
145.
148.
162.
164.

24353.
23860.
21390.
21870.
21509.
20929.
21860.
20253.
22308.
23661.
21382.
25231.

10.4
-2.0
-10.4
2.2
-1.6
-2.7
4.5
-7.3
10.1
6.1
-9.6
18.0

30.5
29.9
11.5
9.9
5.1
4.5
4.2
—5.6
4.7
-4.6
-10.7
14.4

132.
127.
112.
113.
110.
106.
111.
104.
115.
122.
110.
129.

123.
112.
117.
117.
104.
98.
94.
93.
98.
102.
111.
116.

1981—JAN..... J
—FEB....|
— MAS. . . . |
-APR-... |
-MAY.,.. |
-JUN
|
-JUL...*|
-AUG. . . o J
-SEP....J
-OCT
|
-NOV..,. J
-DEC....#

34861.
36125.
35022.
36630.
34146.
34414.
38480.
33242.
34314.
32888.
31201.
33897.

-2.3
3.6
-3. 1
4.6
-6.8
.8
11.8
-13.6
3.2
-4.2
-5. 1
8.6

3.8
8.9
17.8
17.6
8.6
11.2
18.2
8.7
4.6
-3.6
-.5
-5.0

174.
178.
169.
174.
161.
161.
179.
154.
158.
151.
143.
156.

162.
169.
156.
154.
158.
149.
163.
148.
148.
154.
139.
131.

25067.
25668.
25239. .
26013.
24099.
24038.
25764.
23065.
23655.
22430.
21115.
22508.

-.6
2.4
-1.7
3.1
-7.4
-.3
7.2
-10.5
2.6
-5.2
-5.9
6.6

2.9
7.6
19.0
19.9
12.0
14.9
17.9
13.9
6.0
-5.2
-1.3
-10.9

125.
126.
122.
124.
113.
112.
120.
107.
109.
103.
97.
103.

116.
120.
113.
109.
111.
104.
109.
103.
102.
105.
94.
87.

1982-JAN....]
—FEB. • . . |
—MAB...,|
— APR. . . . |
-HAY.... |
—JUN. . . . J
-JUL....J
-AUG
1
—SEP.. . w 4
-OCT.. . . |
-N07....I
-DEC

30068.
32679.
33889.
34085.
33756.
35537.
33435.
34037.
32546.
29139.
31809.
30177.

-11.3
8.7
3.7
.6
-1.0
5.3
-5.9
1.8
-4.4
-10.5
9.2
-5. 1

-13.7
-9.5
-3.2
-6.9
-1.1
3.3
-13.1
2.4
-5.2
-11.4
1.9
-11.0

140.
154.
160.
161.
160.
168.
157.
160.
153.
137.
149.
144.

134.
144.
148.
151.
158.
164.
159.
154.
145.
143.
129.
125.

20155.
21292.
22396.
22300.
22114.
24256.
22281.
22544.
22063.
19942.
21296.
20066.

-10.5
5.6
5.2
-.4
-.8
9.7
-9.1
1.2
-2.1
-9.6
6.9
-5.9

-19.6
-17.0
-11.3
-14.3
-9.2
.9
-13.5
-2.3
-6.7
-11.1
.9
-10.9

94.
100.
106.
105.
105.
115.
105.
106.
103.
94.
100.
96.

90.
94.
98.
99.
104.
112.
106.
102.
98.
98.
96.
93.

1983-JAN
1
-FEB.. . . |
— MAB. . . . |
— APB. . * . i
— MAY. . . . |
-JUN....*
—JUL....|
-AUG....|
—SEP.. . . 1
-OCT....;
1

30874.
29279.
31383.
29585.
30714.
30292.
29052.
31298.
28588.
28365.

2.3
-5.2
7.2
-5.7
3.8
-1.4
-4. 1
7.7
-8.7
-.8

2.7
-10.4
-7.4
-13.2
-9.0
-14.8
-13.1
-8.0
-12.2
-2.7

150.
145.
156.
149.
156.
154.
149.
160.
147.
147.

132.
134.
146.
146.
146.
150.
153.
149.
144.
139.

20914.
19170.
19937.
18758.
19969.
20234.
18826.
20648.
19184.
19246.

4.2
-9.3
4.0
-5.9
6.5
1.3
-7.0
9.7
-7.1
.3

3.9
-10.0
-11.0
-15.9
-9.7
-16.6
-15.5
-9.4
-13.1
-3.5

102.
95.
99.
94.
101.
103.
96.
106.
99.
99.

90.
88.
93.
93.
95.
100.
99.
98.
97.
94.

* SEASONALLY-ADJUSTED LOAMS OUTSTANDING AT END OF PRECEDING HOITH.
"HEM LOAHS" ABE COMPUTED AS LOA1S MADE LESS RENBSALS, AID T H E : S1AS01ALLX ADJUSTED.
RENEWALS INCLUDE SOME NGNAGRICULTURAL LOANS ( S E E NOTE ON PAGE 3 ) .




8
PRODUCTION C I S D I T ASSOCIATIONS
LOIRS HAD! AID NtM 1 6 I I S
TNELVE-BOBTB BOV I 1 6 TOTAL

TABLE 2 1 2 . 3 *

LOABS BADE
CBABGE FROM
I
PREVIOUS YEAR
| BILLIOBS |
TEA*
BNDING-I
OP
L
I
DOLLARS | B I L 1 I O I S
PERCENT |
OF
I
I
- 1 JBfiliASS_1_
I
12.2
1767.
16212.
197 6 - J A M . . . - I
12.1
1168.
16393.
—FEB... -I
14.4
2124.
16868.
-MAR... • I
15.0
2234.
17133.
-APR...
15.2
2284.
17288.
— MA T . mm- I
14.8
2263.
17519.
•1
14.5
2220.
17560.
- J U L . - . .1
15.8
2416.
17757.
-ADS... -I
15.4
2390.
17862.
- S E P . . . »l
14.5
2259.
17837.
-OCT.— -I
15.9
2487.
18130.
- H O T . . . -1
14.1
2259.
18256.
-DEC... • 1
I
13.7
2223.
18434.
1977-JAM...
13.9
2277.
18671.
-FEB.. . -I
12.2
2066.
18934.
-MAR... .1
11.4
1961..
19094.
-APR... -I
11.8
2046.
19334.
-HAY... -I
11.4
1991.
19510.
-JON...
11.8
2065.
19625.
-JUL...
11.1
1971.
19728.
— AUG. - .
11.1
1982.
19844.
-SEP...
11.9
2122.
19959.
-OCT...
10.4
1887.
20017.
-NOV...
9.8
1794.
2004 9.
-DEC...

.1
•I
-I
•I
-I

*
- • I2 0 1 3 0 .
20211.
• • i2 0 4 2 9 .

9.2
8.3
7.9
7.8
7.8
7.7
8.4
9.4
10.. 2

1
AS PERCENTAGE Of

CBABGE FROB
1
PREVIOUS IEAR
MILLIONS |
OF
1
DOLLARS | MILLIONS
PERCENT
OF
1
1 DOLLARS

AS PERCEBTAGE OF
LOANS OUTSTANDING*

COLLECTIONS

8.7
9.1
12.6
14.4
15.6
15.5
15.4
17.2
16.9
15.8
17.1
15.1

104.
104.
106.
107.
108.
109.
108.
108.
108.
107.
107.
106.

112.
111.
111.
112.
112.
113.
113.
115.
115.
115.
114.
114.

1617.
1650.
1459.
1316.
1354.
1249.
1283.
1206.
1186.
1289.
1109.
1050.

14.9
15.1
13.0
11.5
11.7
10.6
10.8
10.0
9.8
10.6
9.0
8.5

106.
106.
106.
106.
106.
106.
105.
105.
104.
103.
103.
101.

113.
113.
113.
114.
114.
115.
116.
116.
115.
114.
112.
110.

13474.
13507.
13644.
13718.
13889.
14070.
14287.
14551.
14828.
15248.
15635.
16036.

1013.
926.
923.
925.
914.
997.
1126.
1307.
1517.
1843.
2202.
2616.

8.1
7.4
7.3
7.2
7.0
7.6
8.6
9.9
11.4
13.7
16.4
19.5

101.
101.
101.
101.
102.
103.
104.
106.
107.
110.
112.
114.

109.
108.
107.
106.
105.
104.
105.
105.
106.
107.
108.
110.

160.
160.
161.
162.
162.
161.
160.
160.
160.
161.
162.
162.

16538.
16876.
17267.
17765.
18150.
18490.
18846.
19100.
19369.
19887.
20336.
20875.

3064.
3370.
3623.
4047.
4262.
4420.
4559.
4548.
4542.
4639.
4701.
4840.

22.7
24.9
26.6
29.5
30.7
31.4
31.9
31.3
30.6
30.4
30.1
30.2

116.
118.
119.
121.
122.
123.
124.
124.
124.
126.
127.
128.

111.
111.
112.
113.
114.
114.
114.
114.
114.
115.
116.
117.

180.
180.
179.
178.
177.
175.
173.
171.
170.
168.
165.
167.

163.
164.
165.
167.
167.
167.
164.
162.
159.
156.
154.
154.

21422.
21825.
22030.
22204.
22278.
22358.
22432.
22339.
22414.
22316.
22104*
22455.

4884.
4949.
4763.
4439.
4128.
3867.
3586.
3239.
3045.
2429.
1768.
1580.

29.5
29.3
27.6
25.0
22.7
20.9
19.0
17.0
15.7
12.2
8.7
7.6

129.
130.
129.
127.
126.
124.
122.
120.
119.
117.
115.
116.

117.
118.
119.
119.
119.
118.
116.
114.
112.
109.
107.
107.

167.
167.
169.
170.
170.
170.
171.
170.
169.
167.
165.
163.

153.
154.
155.
154.
155.
155.
157.
157.
158.
159.
156.
152.

22548.
22673.
23034.
23400.
23599.
23887.
24187.
24380.
24485.
24379.
24348.
24077.

1126.
848.
1003.
1196.
1321.
1530.
1755.
2041.
2071.
2063.
2243.
1622.

5.3
3.9
4.6
5.4
5.9
6.8
7.8
9.1
9.2
9.2
10.1
7.2

116.
116.
117.
118.
118.
119119.
119.
118.
117.
115.
113.

106.
107.
107.
107.
108.
108.
110.
110.
110.
111.
109.
106.

LOANS OUTSTANDING*

COLLECTIONS

156.
156.
159.
160.
160.
161.
160.
160.
159.
157.
158.
157.

168.
167.
166.
167.
167.
167.
168.
169.
170.
170.
168.
168.

10844.
10931.
11262.
11477.
11621.
11824.
11879.
12039.
12124.
12117.
12325.
12369.

867.
911.
1262.
1446.
1572.
1586.
1585.
1770.
1749.
1653.
1802.
1621.

157.
157.
158.
158.
158.
158.
157.
156.
155.
154.
153.
152.

168.
168.
169.
169.
171.
172.
173.
173.
172.
169.
168.
165.

12461.
12581.
12721.
12793.
12975.
13073.
13162.
13245.
13311.
13406.
13433.
13420.

151.
151.
151.
152.
153.
154.
155.
157.
158.
161.
163.
165.

162.
161.
160.
158.
157.
156.
156.
156.
157.
156.
157.
159.

168.
169.
171.
173.
174.
174.
175.
174.
174.
176.
177.
178.

1978-JAM...
-FEB...
-MAR...
- A P R . . -. - I
-MAT - - 1
-JON
- vI
-JUL
I
-AUG
-«l
-SEP....I
-OCT...
-NOV...
-DEC...

20582.
20840.
21013.
21265.
21577.
21869.
22347.
22769.
23198.

1695.
1541.
1494.
1488.
1505.
1502.
1640.
1848.
2025.
2387.
2751.
3148.

-FEB... .I
- M A R . . .- - I
-APR...
-MAT...
-JON. ~ - l
-JUL. *
-AUG.
-SEP.
-OCT.
-NOV.
-DEC.

24279.
24755.
25349.
25792.
26152.
26570.
26887.
27190.
27828.
28377.
29027.

3711.
4068.
4326.
4766.
4952.
5139.
5305.
5310.
5321.
5481.
5608.
5830.

1980-JA N
|
-FEB. — - |
-MAR....|
-APR
1
-MAT....|
-JUH
1
-JUL
|
-AUG....|
-SEP....1
-OCT
1
-NOV..... |
-DEC....|

29758.
30388.
30704.
31060.
31295.
31578.
31777.
31776.
31984.
31938.
31754.
32289.

5917.
6109.
5949.
5711.
5504.
5427.
5207.
4889.
4794.
4110.
3378.
3262.

24.8
25.2
24.0
22.5
21.3

1981—JAN..
-FEB..
-MAR..
-APR..
-MAT..
-JU N..
-JUL..
-AUG..
-SEP..
-OCT..
-NOV..
-DEC—

1
|
I
I

32424.
32668.
3324 3 .
33787.
34003.
34309.
3470934869.
34969.
34880.
34841.
34658.

2666.
2280.
2540.
2728..
2707.
2731.
2931.
3093.
2985.
2942..
3087.
2369.

9.0
7.5
8.3

1982—JAN..
-FEB..
-MAR..
-APR..
-MAT..
-JOB..
-JUL..
-AUG..
-SEP..
-OCT..
-NOV..
-DEC..

|
|

34163.
33834.
33723.
33493.
33452.
33576.
33236.
33285.
33176.
32902.
32928.
32547.

1739.

480.
-295.
-550.
-734.
-1472.
-1584.
-1794.
-1978.
-1912.

5.4
3.6
1.4
-.9
-1.6
-2.1
-4.2
-4.5
-5.1
-5.7
-5.5

-6.1

160.
158.
157.
156.
156.
156.
155.
155.
155.
154.
155.
153.

149.
147.
1*7.
146.
146.
148.
147.
148.
147.
147.
146.
145.

23634.
23298.
23025.
22688.
22506.
22545.
22282.
22251.
22145.
21940.
21946.
21700.

1085.
624.
-9.
-712.
-1093.
-1342.
-1905.
-2129.
-2339.
-2439.
-2402.
-2377.

4.8
2.8
-.0
-3.0
-4.6
-5.6
-7.9
-8.7
-9.6
-10.0
-9.9
-9.9

111.
109.
107.
106.
105.
105.
104.
104.
104.
103.
103.
102.

103.
102.
100.
99.
99.
99.
99.
99.
98.
98.
97.
97.

-1544.
-1524..
-1675.
-1874.
-2090.
-2619.
-2576.
-2794.
-2936.
-2724.

-4.5
-4.5
-5.0
-5.6
-6.2
-7.8
-7.7
-8.4
-8.9
-8.3

154.
153.
153.
151.
151.
150.
150.
150.
ISO.
151.

144.
144.
143.
142.
141.
140.
140.
140.
140.
139.

21770.
21610.
21379.
21061.
20873.
20524.
20263.
20134.
19933.
19870.

-1863.
-1688.
-1646.
-1627.
-1634.
-2020.
-2019.
-2117.
-2213.
-2070.

-7.9
-7.2
-7.1
-7.2
-7.3
-9.0
-9.1
-9.5
-10.0
-9.4

103.
103.
102.
101.
101.
99.
99.
99.
99.
99.

96.
96.
95.
95.
94.
93.
92.
92.
92.
92.

-. I
--I
-.1
1
1979-JAN—•
. . I2 3 8 4 0 .
••I

..I

•« I

1983—JAN—
-FEB..
-MAR..
-APR—
-MAT..
-JOB...
-JUL..
-AUG..
-SEP..
-OCT..

I

I
1
I
I
|
|
1
I
_JL

32619.
32310.
32048.
31619.
31363..
30957.
30661.
30490.
30240.
30178.

1166..

-2111..

12.. 0
13.7
15.7

18.4

20. 1

21.2

23.2
23.8
24.5
24.9
24.6
24.3
24.5
24.6
25. 1

20.8
19.6

18.2

17.6
14.8
11.9
11.2

8.8

8.7

8.6

9.2

9.7
9.3
9.2
9.7
7.3

* AVERAGE LOANS OUTSTANDING DURING TBE PRECEDING TWELVE MONTHS (AVERAGE OF END-OF—BONTB D A T A ) .
•NEW LOANS" ARB COMPUTED AS LOANS MADE LESS RENBBALS.




GENERALS INCLUDE SOME NONAGRICULTURAL LOANS

(SEE NOTE ON PAGE 3 ) .

TABLE 2 1 3 . 1 M
PRODUCTION CREDIT A S S O C I A T I O N S
RENEWALS AMD COLLECTIONS
COLLECTIONS
AO NTH

| MILLIONS
OF
|
1
DOLLARS 1
1
1
1
1
197 6 - J A N
;
764.
707.
-FEB
J
762.
— MAR- . . . i
575.
-AP8-..-..I
-MAY
|
391.
-JON..... o |
309.
-JUL.,.., |
265.
-AUG
1
282.
-SEP
|
273.
306.
-OCT
J
463.
-NOV
1
788.
-DEC
1

PERCENTAGE CHANGE
FROM P R E V I O U S

AS PERCENTAGE OF
1
1
1 LOANS OUTLOANS
COLLECTIONS
1
STANDING*
MADE
AND RENEWALS

MILLIONS 1
OF
|
DOLLARS ]
1

PERCENTAGE CHANGE
FROM PREVIOUS

1
AS P E R | CENTAGE OF
| LOANS OUT1
STANDING*

MONTH

YEAR

MONTH

YEAR

8. 1
-7.5
7.9
-24.5
-32.0
-21.0
-14. 1
6.2
-3.2
12.2
51. 1
70.3

18.5
15.4
23-3
9.5
2.8
10.0
-4.9
15. 1
7.7
-5.4
22.5
11.5

7.
7,
7.
5.
3.
3.
2.
2.
2.
2.
4.
7.

43.
44.
39.
34282123.
24.
23.
25.
31.
37.

42.
48.
47.
41.
35.
27.
27.
2723.
23.
28.
41.

1062.
776.
871.
831731.
829.
723.
770.
892.
1055.
1212.
1136.

4.3
-27.0
12.3
-4.6
-12.1
13.4
-12.7
6.4
15.9
18.2
14.9
—6.3

18.9
28.6
52. 1
18.7
15.0
20.8
-4. 4
4.2
.9
-2.0
29.6
11.5

10.
7.
8.
7.
6.
7.
6.
6.
7.
9.
10.
9.

1977—JAN...„|
-FEB
|
-MAR....|
— APR. . . . |
-MAY
J
-JUN
|
-JUL
1
-AUG.... |
-SEP
|
-OCT
J
-NOV
1
-DEC
„|

852.
823.
886.
663.
449.
388.
291.
302.
323.
327.
493.
834.

8.0
-3.4
7.7
-25. 2
-32.3
— 13. 6
-24.8
3-7
6. 8
1.3
50.8
69.3

11.4
16.4
16.3
15.2
14.7
25.4
9.8
7. 1
18.2
6.7
6.5
5.8

7.
7.
7.
5.
3.
3.
2.
2.
2.
2.
4.
6.

43.
45.
4035.
2724.
23.
24.
25.
25.
32.
38.

42.
48.
47.
43.
36.
32.
29.
25.
24.
20.
26.
38-

1175.
875.
1004.
865.
801.
814.
712.
884.
1023.
1281.
1372.
1357.

3.5
-25.5
14.7
-13-9
-7-4
1.6
-12.5
24.3
15.7
25.2
7.1
-1.1

10.6
12.8
15.3
4. 1
9.6
-1.8
-1.6
14.9
14.7
21.4
13.2
19.5

10.
7.
8.
7.
6.
6.
5.
6.
7.
9.
10.
10.

197 8 - J A N
|
—FEB.
-MAR
J
—APR.... J
-MAY
I
-JUN
1
-JUL....|
-AUG.
J
-SEP
|
-OCT
I
-NOV....#
-DEC....J

877.
871.
967.
742.
535.
379.
32 7.
350.
338.
384.
528.
863.

5. 2
-.7
10.9
-23.2
-27.9
-29. 1
-13.9
7. 1
-3.2
13.5
37.4
63.4

3.0
5.9
9. 1
12.0
19.3
-2.1
12.1
15.8
4.9
17.5
7.2
3.4

7.
7.
7.
6.
4.
3.
2.
2.
2.
3.
4.
6.

43.
46.
40.
37.
28.
21.
21.
22.
21.
21.
27.
33.

38.
47.
43.
41.
33.
27.
2725.
23.
19.
25.
37.

1402.
1002.
1265.
1081.
1097.
1014.
883.
1054.
1136.
1636.
1591.
1451.

3.3
-28.6
26.3
-14.5
1.5
-7.6
-12.9
19.4
7.8
44.0
-2.7
-8.8

19.3
14.4
26.0
25.0
37.0
24.6
24. 1
19.2
11. 1
27.7
16.0
6.9

10.
8.
10.
8.
8.
7.
6.
7.
8.
1111.
10-

1018.
972.
1052.
838.
593.
400.
389.
414.
372..
504.
628..
974.

18.0
-4.5
8.2
-20.3
-29.3
-32.6
-2.7
6.4
-10.2
35.7
24.6
55. 1

16.0
11.5
8.8
12.9
10.8
5.3
19.0
18.3
9.8
31.2
19.0
12.9

7.
7.
7.
5.
4.
2.
2.
2.
2.
3.
4.
6.

38.
41.
36.
32.
25.
19.
20.
22.
20.
21.
25.
30.

37.
43.
42.
38.
30.
24.
24.
24.
22.
21.
25.
35.

1703.
1282.
1455.
1370.
1364.
1284.
1262.
1284.
1307.
1911.
1868.
1787.

17.4
-24.7
13.5
-5.8
-.5
-5.8
-1.8
1.7
1.8
46.2
-2.2
-4.3

21.4
28-0
15.0
26.7
24.2
26.7
42.8
21-7
15-0
16-8
17.4
23.2

11.
9.
10.
99.
8.
8.
8.
8.
11.
11.
10.

1980-JA N
1
- F E B . . . .> ]
-MAR
»|
—APR....1
-MAY
|
-JUN...»|
-JUL- ...»|
-AUG
1
-SEP
J
-OCT
|
— SO V
1
-DEC.... |

1201.
1199.
1162.
1021754.
603.
513.
506.
504.
556.
656.
1158.

23.3
-.2
-3. 1
-12- 1
-26. 1
-20.0
-14.9
-1.3
-.5
10.4
17.9
76.5

18.0
23-4
10.5
21., 8
27.2
50.. 9
31.9
22.4
35.6
10.3
4.4
18.9

7.
7.
6.
5.
4.
3.
3.
3.
3.
33.
6.

35.
40.
36.
34.
29.
25.
24.
27.
24.
23.
28.
31.

36.
44.
44.
42.
34.
29.
24.
25.
22.
19.
25.
35.

2101.
1527.
1508.
1414.
1485.
1506.
1629.
1552.
1780.
2359.
1965.
2130.

17.5
-27.3
-1.2
—6. 2
5.0
1-4
8.2
-4.7
14.7
32.5
-16.7
8.4

23.4
19. 1
3.7
3.2
8.9
17. 2
29. 1
20.9
36.2
23.4
5.2
19.2

12.
8.
8.
7.
88.
8.
8.
9.
12.
10.
11.

1981—JAN..... |
-FEB
J
-EAR
|
-APR
1
-HAY-.-.l
-JUN-.-.l
—JUL... - 1
-AUG
1
- S E P . . . »)
-OCT....;
-NOV
1
-DEC....J

124 3 .
1319.
1376.
1199.
770.
621.
613.
474.
500.
572.
649.
124 6 .

7. 4
6. 1
4. 4
-12.9
-35.8
-19.3
-1.4
-22.7
5.5
14.5
13.4
92. 1

3.5
9.9
18.5
17.5
2.1
3.0
19.4
-6.5
—. 8
2.8
-1.1
7.6

6.
7.
7.
6.
4.
3.
32.
2.
3.
3.
6.

35.
41.
36.
34.
27.
23.
24.
23.
23.
25.
28.
35.

35.
47.
43.
40.
33.
27.
27.
23.
22.
21.
22.
33.

2328.
1516.
1836.
1802.
1533.
1641.
1639.
1613.
1823.
2173.
2287.
2563.

9.3
-34.9
21.1
-1.8
-14.9
7.0
-.1
-1.6
13.1
19.2
5.2
12.1

10.8
-.7
21.7
27.5
3.3
9.0
.6
3.9
2.4
-7.9
16.3
20.3

12.
8.
9.
9.
7.
87.
7.
8.
10.
10.
12.

1982-JAM...„|
-FEB
..J
-HAH
1
-APR
„ |
-MAY
1
-JUN
1
—JUL....|
- AU G . . . . . 1
-SEP
4
-OCT
i
-NOV.... |
-DEC.
|
1
1 9 8 3—JAN
1
-FEB
|
-MAR
..I

1 191.
1326.
1538.
1306.
911.
706.
536.
553.
497.
503..
669.
1110.

-4.4
11.3
16.0
-15. 1
-30.2
-22.5
-24. 1
3. 1
-10. 1
1.3
33.0
65.8

-4.2
..5
11.8
8.9
18.3
13.6
-12.5
16.7
-. 6
-12.0
3.2
-10.9

6.
6.
8.
6.
4.
3.
22.
2.
2.
3.
5.

39.
46.
42.
40.
33.
25.
24.
26.
24.
2529.
34.

3345.
45.
43.
38.
31.
27.
26.
22.
20.
21.
32.

2433.
1598.
1868.
1715.
1491.
1543.
1451.
1605.
1781.
20542515.
2408.

-5.0
-34.3
16.9
-8.2
-13.1
3.5
-5.9
10.6
11.0
15.4
22.4
-4.2

4.5
5.4
1.8
-4.8
-2.7
—6. 0
-11.4
-.5
-2.3
-5.4
10.0
—6. 0

12.
8.
9.
8.
7.
7.
7.
7.
8.
9.
12.
12.

1193.
1178.
1507.
1195.
84 3 .
649.
502.
511.
44 8 .
504.

7.5
-1.3
28.0
-20.7
-29-5
-23.0
-22.7
1.9
-12.4
12.6

. 1
-11.2
-2.0
-8.5
—7. 5
-8. 1
-6.5
-7. 6
-9.9
.1

6.
6.
8.
6.
43.
2.
3.
23.

3846.
44.
42.
34.
26.
26.
26.
24.
26.

32.
44.
46.
44.
37.
31.
28.
25.
22.
20.

2546.
1526.
1759.
1535.
1454.
1431.
1305.
1532.
1574.
2053-

5.7
-40.1
15.3
-12.8
-5.3
-1.6
-8.8
17.4
2.7
30.4

4.6
-4.5
-5.8
-10.5
-2.5
-7.2
-10. 1
-4.5
-11.6
-. 1

13.
8.
9.
8.
7.
7.
6.
8.
8.
10.

1979—JAN
-FEB....
-MAR
-APR
-MAY
-JDS
-JUL
-AUG. . . .
-SEP
-OCT
-NOV
-DEC

*
|
1
|
J
1
1
]
J
1
|
1

— MAI. . . . |
—JUi.
|
-JUL..-.|
— AUG. . . . |
—OCT... n |

• LOANS OUTSTANDING AT END CP PRECEDING

MONTH.

RENEWALS AND COLLECTIONS INCLUDE SOME NONAGRICULTURAL LOANS




(SEE

NOTE ON PAGE 3 ) .

10
TABLE 2 1 3 - 2 M

PRODUCTION C R E D I T A S S O C I A T I O N S
RENEWALS AND COLLECTIONS
SEASONALLY-ADJUSTED ANNUAL RATE

MONTH

|

COLLECTIONS

RENEWALS

1
MILLIONS 1
OF
i
DOLLARS |

PERCENTAGE CHANGE
FROM PREVIOUS

1
AS PERCENTAGE OF
1
COLLECTIONS
LOANS
| LOANS OUTAND RENEWALS
MADE
1
STANDING*

MILLIONS |
OF
1
DOLLARS |
1

PERCENTAGE CHANGE
FROM PREVIOUS

|
AS P E R | CENTAGE OF
| LOANS OUTSTANDING*
1

MONTH

YEAR

MONTH

SEAR

5858.
5804.
59485712.
5532.
5702.
5552.
5982..
5836.
5352.
6326.
6663.

-1. 1
-.9
2.5
-4.0
-3. 1
3. 1
-2.6
7.7
-2.4
-8.3
18.2
5.3

19. 1
14.4
20.8
7.2
2.2
9-9
-3.7
15.5
8.5
-2.8
25-3
12.5

54.
53.
53.
51.
48.
49.
48.
51.
49.
44.
52.
54.

33.
33.
32.
31.
32.
31.
31.
3332.
32.
3333.

36.
35.
36.
34.
35.
32.
36.
36.
3534.
35.
36.

10436.
10716.
10712.
10972.
10463.
12082.
9916.
10514.
11057.
10230.
11865.
11768.

-2.3
2-7
-.0
2.4
-4.6
15.5
-17-9
6.0
5.2
-7.5
16.0
-.8

18. 1
27 • 6
48- 1
17. 2
13.7
19.3
-.7
7.3
1.8
-1. 1
29.4
10. 1

97.
92105.
85.
89.
92.
85.
97.
96.

6578.
6700.
6792.
6493.
6257.
7083.
6166.
6358.
6914.
5851.
6917.
7155.

-1. 3
1-9
1.4
-4.4
-3.6
13.2
-12.9
3. 1
8.8
-15.4
18.2
3.4

12-3
15.4
14.2
13.7
13. 1
24.2
11.0
6.3
18-5
9.3
9.3
7-4

53.
54.
54.
51.
48.
54.
46.
47.
50.
43.
50.
52.

34.
33.
33.
32.
31.
34.
32.
32.
34.
3134.
35-

36.
36.
36.
36.
36.
38.
38.
34.
35.
32.
34.
34.

11477.
12009.
12158.
11411.
1128211715.
10005.
12317.
12841.
1245013438.
14036.

-2.5
4.6
1.2
-6. 1
-1.1
3.8
-14.6
23.1
4.3
-3.0
7.9
4.4

10.0
12. 1
13.5
4.0
7.8
-3.0
o9
17.2
16. 1
21.7
13.3
19.3

9396.
96.
89.
87.
89.
75.
91.
94.
9097102.

6842.
7035.
7331.
7153.
7373.
6804.
6904.
7284.
7231.
6984.
7625.
7524.

-4.4
2.8
4.2
-2.4
3. 1
-7.7
1.5
5.5
-.7
-3.4
9.2
-1.3

4.0
5.0
7.9
10.2
17.8
-3.9
12.0
14.6
4.6
19.4
10.2
5-2

50.
52.
54.
52.
54.
49.
50.
51.
50.
48.
52.
50.

34.
33.
33.
33.
32.
30.
30.
29.
29.
27.
3031.

34.
34.
3333.
3332.
36.
33.
33.
30.
33.
33.

13553.
13717.
15206.
14280.
15288.
14453.
12523.
14868.
14374.
15979.
15597.
14991.

-3.4
1.2
10.9
-6. 1
7. 1
-5.5
-13.4
18.7
-3.3
11.2
-2.4
-3.9

18. 1
14.2
25. 1
25. 1
35.5
23.4
25.2
20.7
11.9
28.3
16. 1
6.8

99100.
111.
104.
112.
105.
90.
105.
100.
109.
106.
100.

8039.
7835.
79507913.
8014.
7001..
8157.
8471.
7892.
9289.
9332.
8649.

6.9
-2.5
1.5
-.5
1.3
-12.6
16.5
3.9
-6. 8
17.7
.5
-7.3

17.5
11.4
8.4
10.6
8.7
2-9
18.1
16.3
9. 1
33.0
22-4
15.0

53.
51.
51.
51.
51.
44.
50.
52.
47.
55.
53.
48.

30.
3030.
29.
28.
25.
28.
28.
27.
27.
28.
28.

33.
31.
3130.
30.
2831.
32.
3233.
34.
32.

16238.
17645.
17518.
18084.
18924.
18228.
17958.
18140.
16655.
18653.
18344.
18395.

8.3
8-7
-.7
3.2
4.6
-3.7
-1.5
1-0
-8.2
12.0
-1.7
.3

19.8
28.6
15.2
26.6
23.8
26. 1
43.4
22.0
15-9
16.7
17.6
22.7

107.
115.
113.
115.
119.
114.
111.
110.
100.
109.
105.
102.

9652.
9712.
87589410.
99951030510641.
10231.
1071110347.
9984.
10417.

11.6
.6
-9.8
7.4
6.2
3. 1
3.3
-3. 8
4.7
-3.4
-3.5
4.3

20. 1
24.0
10.2
18.9
24.7
47.2
30.4
20.8
35.7
11-4
7-0
20.4

53.
52.
46.
49.
51.
52.
54.
52.
55.
53.
51.
53-

2929.
29.
30.
32.
33.
33.
33.
33.
30.
32.
29.

33.
31.
32.
34.
33.
33.
31.
32.
32.
31.
3432-

19755.
21246.
1827 3.
18637.
20737.
21286.
23318.
21823.
22680.
23120.
19348.
21709..

7.4
7.5
-14.0
2-0
11.3
2-6
9.5
-6.4
3.9
1.9
-16.3
12.2

21.7
20.4
4.3
3. 1
9-6
16.8
29.9
20.3
36.2
24.0
5.5
18.0

107.
113.
96.
96.
106.
108.
119.
112.
1 17.
119.
100.
111.

10150.
10759.
10342.
10851.
10025.
10371.
12580.
9455.
10632.
10745.
10060.
11294.

-2.6
6.0
-3.9
4.9
-7.6
3.5
21.3
-24.8
12-5
1. 1
-6.4
12.3

5-2
10.8
18. 1
15.3
.3
.6
18.2
-7.6
-.7
3.8
.8
8.4

51.
53.
50.
52.
47.
48.
59.
44.
49.
49.
46.
52.

29.
30.
30.
30.
29.
30.
33.
28.
31.
33.
3233.

3234.
32.
31.
32.
3135.
30.
31.
33.
31.
30.

21570.
21331.
22412..
23772.
21637.
2 3 1 2 0»
23636.
22485.
23134.
21377.
22524.
25873.

-. 6
-1. 1
5.1
6.1
-9.0
6-9
2.2
-4.9
2.9
—7.6
5.4
14.9

9.2
.4
22.6
27.6
4.3
8.6
1.4
3.0
2.0
-7.5
16.4
19.2

108.
105.
108.
113.
102.
108.
110.
104.
107.
98.
103119.

1982-JAN..|
-FEB....*
-MAR.,,. . |
-APR.....J
— MAY.. . . J
— JU N. — . o |
—JU L . . . . |
— AUG. • . •> |
-SEP.... |
-OCT...-J
- NO 7 . . . . J
-DEC.... |

9875.
10895.
11490.
1164511755.
11588.
10962.
10984.
10601.
9519.
1050310065-

-12.6
10.3
5. 5
1.4
.9
-1. 4
-5.4
.2
-3.5
-10.2
10.3
-4.2

-2.7
1.3
11. 1
7.3
17.3
11.7
-12.9
16.2
-.3
-11.4
4.4
-10.9

46.
51.
54.
5556.
55.
52.
52.
50.
45.
49.
48.

33.
33.
34.
34.
35.
33.
33.
32.
333333.
33.

31.
32.
33.
34.
36.
3534.
33.
32.
32.
30.
29.

2237 1.
22725.
22880.
22621.
21317.
21705.
21091.
22153.
22477.
20374.
24751.
24125.

-13.5
1.6
.7
-1.1
-5.8
1.8
-2.8
5.0
1-5
-9.4
21.5
-2.5

3.7
6.5
2. 1
-4.8
-1.5
-6. 1
-10.8
-1.5
-2.8
-4.7
9.9
-6.8

104.
107.
108.
107.
101.
103.
99.
104.
105.
96116.
115.

1983-JA N
1
-FEB
1
-MAR.... j
-APR
|
— MAY.
|
—JUN-.. u |
-JUL....*
-AUG.... j
-SEP....j
-OCT.... 1
1

99-90.
971 1.
11212.
10571.
10830.
10581.
10252.
10143.
9575.
9610.

-.7
-2.8
15.5
-5.7
2-5
-2.3
-3. 1
-1- 1
-5. 6
.4

1.2
-10.9
-2.4
-9.2
-7.9
-8.7
-6. 5
-7.7
-9.7
.9

49.
48.
56.
53.
55.
54.
52.
52.
49.
50.

32.
33.
36.
36.
35.
35.
35.
32.
33.
34.

30.
31.
34.
34.
34.
34.
35.
3333.
32-

23343.
21855.
21522.
20195.
20976.
20136.
19032.
21065.
19822.
20458.

-3.2
-6.4
-1.5
—6.2
3.9
-4.0
-5.5
10.7
-5.9
3.2

4.3
-3.8
-5.9
-10.7
—1.6
-7.2
-9.8
-4.9
-11.8
,4

114.
108.
107.
101.
106.
103.
97.
108.
102.
106.

197 6 - J A N

1
|

-MAR.-.o i
-APR.
-MAY.-.o |
-JUN....1
-JUL. „ . - |
-SEP. .
1
-OCT
|
-NOV.-..J
-DEC
|
1
1977-JAN.... |
-FEB..,.. |
- MAR. . . . |
-APR
|
-MAI....|
- J U N. , . , |
— J U L . . .«. J
-AUG.-.® J
-SEP
|
-OCT...
-NOV....J
-DEC
.J
1
1978—JAN....|
-FBB...-I
-MAR...,. 1
-JUN.--.. |
- JUL.
|
-SEP....
-OCT... .
-NOV....
-DEC

|
|
|
J
1
1979-JAN...„|
-FEB
1
-MAR...«|
— MA¥...«. |
-JUN
1
- J U L - o J
—A U G . |
-OCT-.... |
— NOV.. . |
—DEC....|
1
1980-JA N
1
-FEB
|
-MAR
.|
-APB....I
-MAI
|
-JUN
|
- JUI
J
-AUG..... |
-OCT... . j
1
- NO V
-DEC.. - . ]
1
198 1 - J A N
1
-FEB
1
-MAR..... J
-APR
|
-MAY
>|
-JUN
1
— JUL. . •.. |
-AUG
|
—SEP. • « o |
—OCT.u
|
-NOV.. . . |
-DEC.-..j

* SEASONALLX-ADJUSTED LCANS OUTSTANDING AT END OF PRECEDING MONTH.
RENEWALS AND COLLECTIONS INCLUDE SOBE NCNAGRICULTURAL LOANS




( S E E NOTE ON PAGE 3 ) .

95.

TABLE 2 1 3 . 3 B

FBODUCTION CBBDIT A S S O C I A T I O N
BKIEBAIS AID C O l l l C t l O l S
TVELfE-BOBTH B O V l f S TOTAL
BBMEJf AJL5
I
1

I BAB
BIDING—

HILLIONS
OF
DOLLABS I B I L L I O N S
J
OF
•1..

I

1976-JAM..
-FEB..
-HAS..
-APR..
-MAY..
-JOB..
-JUL..
-AUG..
-SEP..
-OCT..
- 8 0 V..
-DEC..

5368.
5462.
5606.
5656.
5667.
5695.
5681.
5718.
5738.
5720.
5805.
5886.

197 7 - J A N . .
-FEB..
-BAB..
—APB..
-MAY..
-JOB..
-JOL..
-AUG.. . . I
—SEP.. ••I
OCT.. ••4
-NOV.. -I
-DEC.. .1

1978-JAN.. -1
-FEB.. .1
-HAB.. - I
-APB.. -1
-MAY.. - J
-JON.. - J
-JOL.. -I
— AO G. .. - I
-SEP..
-OCT..,
-NOT..
-DEC..,

•1
•»1

•«l
««* ]
I

900.
857.

I

AS PBBCBBTA6B OF

I LOABS OUTPBBCBBT |
STAMPING*

101BS
HADE

COLIBCTIOB
AID BSIBBAL

1

685.
638.

52.
52.
53.
53.
53.
52.
52.
51.
51.
50.
50.
51.

33.
33.
33.
33.
33.
33.
32.
32.
32.
32*
32.
32.

36.
36.
36.
36.
35.
35.
35.
35.
35.
35.
35.
35.

9670.
9843.
10142.
10272.
10367.
10510.
10477.
10508.
10516.
10494.
10771.
10888.

5974.
6090.
6214.
6301.
6359.
6438.
6463.
6484.
6533.
6554.
6584.
6630.

605.
627.
607.
645.
692.
743.
782.
765.
796.
834.
779.
743.

11.3
11.5
10.8
11.4
12.2
13.0
13.8
13.4
13.9
14.6
13.4
12.6

51.
51.
52.
52.
52.
52.
52.
51.
51.
51.
50.
50.

32.
33.
33.
33.
33.
33.
33.
33.
33.
33.
33.
33.

35.
35.
36.
36.
36.
36.
36.
36.
36.
36.
36.
35.

6656.
6704.
6785.
6864.
6951.
6942.
6978.
7025.
7041.
7098.
7134.
7162.

682.

615.
571.
563.
592.
505.
514.
542.
508..
545.
550.
532.

11.4
10.1
9.2
8.9
9.3
7.8
8.0
8.4
7.8
8.3
8.4
8.0

50.
50.
50.
51.
51.
51.
51.
51.
51.
51.
51.
51.

33.
33.
33.
33.
33.
33.
3333.
32.
32.
31.
31.

7403.
7488.
7584.
7641.
7661.
7724.
7788.
7821.
7941.
8041.
8152.

647.
699.
703.
719.
691.
719.
746.
762.
779.
842.
907.
990.

9.7
10.4
10.4
10.5
9.9
10.4
10-7
10.8
11.1
11.9
12.7
13.8

51.
52.
52.
52.
52.
51.
51.
51.
50.
50.
50.
50.

1033.

14.2
15.7
15.8
16.8
18.0
20.4
21.0
21.2
22.4
21.2
20.0
20.6

862.

788.
711.
677.
635.
646.
641.

606.

CHANGE FBOB
PBBYIOUS IEBB

BILLIONS |
OF
|.
DOLLABS # MILLIONS
OF
I
MllAfS

20.1
18.6
18.2
16.2
14.4
13.5
12.6
12.7
12.6
11.8
13.4
12.1

-1
.1
-I
-1
I
1 9 7 9 - J A N . .'
, *•I
7302.
-FEB..,
-HAB...
-APB...
-BAY...
-JOB...
-JOL...
— AUG...
-SEP..,
-OCT... . u
-NOV..
-DEC..

COlltCTIOIS

CHANGE FBOB
PBBV10US YEAR

1501.
1670.

2025.
2013.
1945.
1763.
1695.
1460.
1285.
1467.
1387.

18.4
20.4
24.6
24.6
24.1
22.7
20.2
19.2
16. 1
14.0
15.8
14.6

93.
94.
96.
96.
96.
97.
95.
95.
94.
92.
94.
94.

11001.
11101.
11234.
11268.
11338.
11323.
11311.
11426.
11557.
11783.
11943.
12164.

1331.
1258.
1092.
996.
971.
813.
835.
918.
1041.
1289.
1172.
1276.

13.8
12.8
10.8
9.7
9.4
7.7
8.0
8.7
9.9
12.3
10.9
11.7

94.
94.
94.
93.
93.
92.
90.
90.
90.
91.
91.
92.

35.
35.
35.
35.
34.
34.
34.
34.
34.
33.
33.
33.

12391.
12517.
12777.
12994.
13291.
13491.
13662.
13832.
13945.
14300.
14520.
14614.

1389.
1416.
1544.
1726.
1953.
2168.
2351.
2406.
2388.
2517.
2577.
2450-

12.6
12.8
13.7
15.3
17.2
19.1
20.8
21. 1
20.7
21.4
21.6
20. 1

93.
93.
95.
96.
97.
99.

31.
30.
30.
30.
30.
29.
29.
29.
29.
29.
28.
28.

33.
33.
33.
33.
32.
32.
32.
32.
32.
32.
31.
31.

14914.
15195.
15385.
15673.
15939.
16210.
16588.
16817.
16988.
17263.
17540.
17877.

2524.
2678.
2607.
2679.
2649.
2719.
2926.
2985.
3043.
2962.
3020.
3263.

20.4
21.4
20.4
20.6
19.9
20.2
21.4
21.6
21.8
20.7
20.8
22.3

50.
51.
51.
51.
51.
51.
51.
51.
51.
51.
50.
51.

28.
28.
28.
29.
29.
29.
29.
30.
30.
30.
30.
30.

31.
32.
32.
32.
32.
33.
33.
33.
32.
32.
32.
32.

18275.
18520.
18573.
18617.
18738.
18960.
19327.
19596.
20068.
20516.
20613.
20955.

3360.
3325.
3188.
2944.
2799.
2750.
2739.
2778.
3080.
3253.
3073.
3079.

22.5
21.9
20.7
18.8
17.6
17.0
16.5
16.5
18. 1
18.8
17.5
17.2

51.
51.
52.
52.
5252.
52.
51.
51.
50.
50.
50.

30.
31.
31.
31.
31.
30.
30.
30.
30.
30.
30.
31.

32.
32.
32.
32.
32.
32.
32.
32.
32.
32.
32.
32.

21183.
21171.
21499.
21887.
21935.
22071.
22081.
22141.
22185.
21999.
22320.
22753.

2908.
2652.
2926.
3270.
3197.
3111.
2753.
2546.
2117.
1483.
1708.
1798.

15.9
14.3
15.8
17.6
17.1
16.4
14.2
13.0
10.5
7.2
8-3
8.6

2002.

1980-JAN..
-FEB..
-HAB..
-APB..
-MAY..
-JON..
-JUL..
-AUG-.
-SEP..
-OCT..
-NOV..
-DEC..

8336.
8563.
8673.
8856.
9017.
9221.
9345.
9438.
9570.
9622.
9650.
9834.

1981-JAN..
-FEB..
-HAB..
-APB..
-HAT. .
-JON..
—JOL..
-AUG..
-SEP..,
-OCT..
-NOV...
-DEC...

9875.
9995.
10209.
10388.
10404.
10422.
10522.
10489.
10485.
10501.
10493.
10581.

1177.
1051.
915.
878.
843.
747.

18.5
16.7
17.7
17.3
15.4
13.0
12.6
11. 1
9.6
9.1
8.7
7.6

1982-JAN...
-FEB...
-HAB.,.
-APB...
-HAY...
-JOE...
-JUL...
-AUG...
-SEP...
-OCT..,.
-NOV...
-DEC...

10529.
10536.
10698.
10805.
10946.
11031.
10955.
11034.
11031.
10962.
10982.
10847.

654.
542.
489.
417.
542.
609.
433.
545.
546.
461.
489.
265.

6. 6
5.4
4.8
4.0
5.2
5.8
4. 1
5.2
5.2
4.4
4.7
2.5

49.
49.
50.
50.
51.
51.
51.
52.
5251.
52.
51.

31.
31.
32.
32.
33.
33.
33. ,
33.
33.
33.
33.
33.

32.
31.
32.
32.
32.
33.
33.
33.
33.
33.
33.
33.

22858.
22940.
22973.
22885.
22843.
22745.
22558.
22550.
22507.
22389.
22617.
22463.

1675.
1769.
1474.
998.
908.
674.
477.
408.
322.
390.
297.
-290.

7.9
8.4
6.9
4.6
4. 1
3. 1
2.2
1.8
1.5
1.8
1.3
-1.3

1983-JAB....J
-FEB.... |
-HAB.... |
-APB....J
—HAY.... |
-JUH....I
-JUL.... |
-AOG....J
-SEP
1
-OCT....|
L-

10848.
10700.
10669..
10558.
10490.
104 3 3 .
1039 8 .
10356.
10307.
10308.

319.
164.
-30.
-247.
-456.
-598.
-557.
-678.
-724.
-654.

3.0
1.6
-.3
-2.3
-4.2
-5.4
-5. 1
—6.1
-6.6
-6. 0

51.
51.
51.
51.
51.
51.
51.
51.
51.
52.

33.
33.
33.
33.
33.
34.
34.
34.
34.
34.

32.
32.
32.
32.
32.
32.
32.
32.
32.
32.

22576.
22504.
22395.
22215.
22178.
22066.
21919.
21847.
21640.
21639.

-283.
-436.
-577.
-671.
—666.
-679.
-638.
-703.
-867.
-750.

-1.2
-1.9
-2.5
-2.9
-2.9
-3.0
-2.8
-3. 1
-3.9
-3.4

1160.

1185.
1272.
1376.
1559.
1621.
1650.
1749.

1682.

1609.

1682.
1540.
1432.
1536.
1532.
1386.

1201.

* AVEBAGE LOABS OUTSTANDING DUBIBG TBE PBECEDING TWELVE HOBTHS

(AVEBAGE OF EBD-OF-HONTB D A T A ) .

BBNBWALS AND COLLECTIONS INCLUDE SOME NONAGBICULTURAL LOANS (SEE IOTB OB PAGE 3 ) .




I

AS
J PEBCEBTAGB
I
OF
I LOABS OUTPBBCBNT |
STANDING#

100.
100.

101.

103.
104.
104.
105.

106.

106.
107.
107.

108.

109.
109.
109.
109.
109.

110.
110.

110.
108.
107.

106.
105.
105.
105.
107.

108.

107.
108.
109.
108.
109.

110.

110.
110.
109.

108.
107.
105.

106.
107.
107.
107.
107.

106.
106.
106.

105.
105.
105.
105.

106.
106.
107.
107.
107.

106.

107.
107.
107.
107.
107.

108.

12
TABLE 2 2 1 . 1 8
FEDEBAl U N BABES
LOABS OOTSTABDIBG

EBD OF
BOBTB

| CBAB6E FBOB
1
1
BOBTB

J
1
YEAR

AVKBAGE S I Z E

BOBBER OF LOABS

A100BT
B I L L 1 0 I S OF DOLLARS

PEBCEBTAGE CflABGE
FBOB PBEYIOOS

I

1
1
i
|
1
1
1
1
197 6 - J A M
J
—FEB. • • • I
—HAH- . . . |
-APR. - . - j
" HA Y. •
1
-JOB....!
-JUL- . . . |

EBD o r
BOBTB

1
1

BOBTB

YEAB

1
1
THOUSANDS!
1
1

DOLLABS

PEBCEBTAGE
CBABGE
FBOB
PBEYIOOS
YEAB

PERCEBTAGE CflABGE
FRCfl PREVIOUS
BOBTB

YEAB

16190.
16370.
16700.
16946.
17160.
17403.
17623.
17806.
17982.
18148.
18320.
18524.

176.
180.
330.
246.
213.
244.
220.
184.
176.
165.
173.
204.

2534.
2490.
2521.
2505.
2467.
2465.
2478.
2474.
2464.
2436.
2483.
2510.

1.1
1.1
2.0
1.5
1.3
1.4
1.3
1.0
1.0
.9
1.0
1.1

18.6
17.9
17.8
17.3
16.8
16.5
16.4
16.|
15.9
15.5
15.7
15.7

443.2
443.7
445.1
446.0
447.0
448.2
449.0
449.9
450.4
450.7
450.6
450.8

.1
.1
.3
.2
.2
.3
.2
.2
.1
.1
-.0
.1

3.1
2.8
2.7
2.5
2.3
2.2
2.1
2.0
1.9
1.9
1.8
1.8

36533.
36895.
37522.
37998.
38389.
38832.
39246.
39581.
39924.
40267.
40662.
41088.

15.0
14.7
14.7
14.5
14.2
14.0
14.0
13.8
13.7
13.4
13.6
13.6

18693.
18922.
19331.
19625.
19917.
20190.
20441.
20658.
20874.
21057.
21258.
21466.

168.
229.
409.
294.
292.
273.
251.
217.
216.
183.
201.
208.

2503.
2552.
2631.
2679.
2757.
2787.
2818.
2852.
2891.
2909.
2938.
2942.

.9
1.2
2.2
1.5
1.5
1.4
1.2
1.1
1.0
.9
1.0
1.0

15.5
15.6
15.8
15.8
16.1
16.0
16.0
16.0
16. 1
16.0
16.0
15.9

450.9
451.5
452.9
453.8
454.8
456.0
457.0
457.8
458.6
459.1
459.2
459.5

.0
.1
.3
.2
.2
.3
.2
.2
.2
.1
.0
.1

1.7
1.8
1.8
1.8
1.7
1.8
1.8
1.8
1.8
1.9
1.9
1.9

41457.
41909.
42684.
43243.
43792.
44273.
44732.
45124.
45519.
45868.
46289.
46714.

13.5
13.6
13.8
13.8
14. 1
14.0
14.0
14.0
14.0
13.9
13.8
13.7

1978-JAM
-J
-FEB-...|
—HAB....J
-APE-. . . 1
-HAY....J
-JUB....I
—J U L . . . . J
-AUG
|
-SEP....J
-OCT
|
— MO?
|
-DEC....,]

21672.
21896.
22234.
22481.
22807.
23131.
23395.
23678.
23939.
24211.
24461.
24668.

206.
224.
338.
247.
326.
324.
264.
283.
261.
272250.
207.

2979.
2974.
2903.
2856.
2890.
2940.
2954.
3020.
3065.
3154.
3203.
3202.

1.0
1.0
1.5
1.1
1.4
1.4
1. 1
1.2
1. 1
1. 1
1.0
.8

15.9
15.7
15.0
14.6
14.5
14.6
14.5
14.6
14.7
15.0
15. 1
14.9

459.8
460.4
461.3
461.8
463.1
464.6
465.9
467.2
468.4
469.5
470.3
471.2

.1
.1
.2
.1
.3
.3
.3
.3
.3
.2
.2
.2

2.0
2.0
1.9
1.8
1.8
1.9
2.0
2.1
2.1
2.3
2.4
2.5

47136.
47559.
48193.
48680.
49247.
49787.
50213.
50677.
51104.
51564.
52010.
52355.

13.7
13.5
12.9
12.6
12.5
12.5
12.3
12.3
12.3
12.4
12.4
12.1

1979-JAM
J
-FEB
1
-HAS
J
— APR.. ... J
-HA Y.
1
-JOB..-. 1
—JUL. . . . J
-ADG.....1
-SEP
1
—OCT....|
-NOV
„1
—DEC....|

25053.
25358.
25851.
26294.
26781.
27261.
27658.
28103.
28430.
28859.
29259.
29725.

385.
305.
493.
443.
487.
480.
397.
445.
327.
429.
400.
467.

3381.
3462.
3617.
3813.
3974.
4130.
4263.
4426.
4492.
4648.
47985057.

1.6
1.2
1.9
1.7
1.9
1.8
1.5
1.6
1.2
1.5
1.4
1.6

15.6
15.8
16.3
17.0
17.4
17.9
18.2
18.7
18.8
19.2
19.6
20.5

472.5
473.8
476.0
477.8
480.0
482.4
484.6
486.9
488.7
490.9
492.4
494.9

.3
.3
.5
.4
.5
.5
.5
.5
.4
.4
.3
.5

2.8
2.9
3-2
3.5
3.6
-3.8
4.0
4.2
4.3
4.5
4.7
5.0

53020.
53522.
54304.
55030.
55793.
56510.
57070.
57716.
58171.
58793.
59419.
60063.

12.5
12.5
12.7
13.0
13.3
13.5
13.7
13.9
13.8
14.0
14.2
14.7

1980-JAN....|
-FEB
1
—BAB....J
-APR....#
-MAT..... j
-JUS.... |
-JUL....|
-AUG. . . . I
-SEP
1
-OCT....j
-NOV....|
-DEC..,.. |

30268.
30840.
31603.
32425.
33154.
33681.
34167.
34506.
34852.
35235.
35554..
36032.

542.
572.
764.
821.
730.
527.
486.
339.
346.
383.
319.
478.

5215.
5482.
5752.
6130.
6373.
6420.
6510.
6403.
6422.
6377.
6296.
6307.

1.8
1.9
2.5
2.6
2.2
1.6
1.4
1.0
1.0
1. 1
.9
1.3

20.8
21.6
22.3
23.3
23.8
23.6
23.5
22.8
22.6
22.1
21.5
21.2

497.6
500.3
504.1
508.7
512.7
515.6
517.8
519.4
521.0
522.7
523.8
525.8

.5
.5
.8
.9
.8
.6
.4
.3
.3
.3
-2
.4

5.3
5.6
5.9
6.5
6.8
6.9
6.9
6.7
6.6
6.5
6.4
6.2

60831.
61643.
6268763744.
64665.
65323.
65980.
66434.
66892.
67409.
67873.
68525.

14.7
15.2
15.4
15.8
15.9
15.6
15.6
15. 1
15.0
14.7
14.2
14. 1

1981-JAH....I
-FEB....|
-HAB....1
-APR.... |
-MAY
|
- JU B. . . . |
-JUL
1
-AUG
|
-SEP
1
-OCT.... |
-NOV.... |
-DEC
j

36594k.
37188.
38030.
38818.
39568.
40280.
40969.
41516.
42103.
42702.
43212.
43658.

562.
594.
842.
789.
749.
713.
689.
547.
586.
599.
510.
446.

6326.
6348.
6426.
6394.
6413.
6599.
6 802.
7010.
7250.
7467.
7658.
7626.

1.6
1.6
2.3
2. 1
1.9
1.8
1.7
1.3
1.4
1.4
1.2
1.0

20.9
20.6
20.3
19.7
19-3
19.6
19.9
20.3
20.8
21.2
21.5
21.2

528.3
530.8
534.7
538. 1
541.5
545. 1
548.3
551.2
554.4
557.3
559.5
561.4

.5
.5
.7
.6
.6
.7
.6
-5
.6
.5
.4
.3

6.2
6.1
6.1
5.8
5.6
5.7
5.9
6.1
6.4
6.6
6.8
6.8

69273.
70060.
71119.
72141.
73064.
73899.
74723.
75316.
75949.
76626.
77230.
77762.

13.9
13.7
13.4
13.2
13.0
13. 1
13.3
13.4
13.5
13.7
13.8
13.5

1982-JAB
1
-FEB
1
-HAB....1
-APR.....1
—HAY....|
-JUB....J
-JUL
1
— AUG. «.<> 1
-SEP...U 1
-OCT..... 1
-NOV..
-DEC. . . . . |

44063.
44462.
45074.
45506.
45895.
46316.
46583.
46817.
46954.
47088.
47206.
47282.

405.
399.
612.
432.
389.
421.
267.
235.
137.
134.
118.
75.

7469.
7274.
7044.
6687.
6327.
6035.
5613.
5301.
4851.
4386.
3994.
3624.

.9
.9
1.4
1.0
.9
.9
.6
.5
.3
.3
.3
.2

20.4
19.6
18.5
17.2
16.0
15.0
13.7
12.8
11.5
10.3
9.2
8.3

563. 1
564.6
566.9
568.8
570.6
572.5
573.9
575.0
575.7
576.0
575.8
575.4

.3
.3
.4
.3
.3
.3
.2
.2
.1
.0
-.0
-. 1

6.6
6.4
6.0
5.7
5.4
5.0
4.7
4.3
3.8
3.3
2.9
2.5

78256.
78757.
79503.
80007.
80436.
80900.
81171.
81417.
81564.
81757.
81980.
82170.

13.0
12.4
11.8
10.9
10.1
9.5
8.6
8. 1
7.4
6.7
6.2
5.7

1983-JAN.... |
-FEB
|
-HAB....*
—APR... . |
-HAI.o..|
-JOB.... j
-JOL..... j
— AU G. . • . |
-SEP....;
—OCT.. . . . *
1

47273.
47339.
47485.
47610.
47710.
47828.
47901.
47972.
48061.
48075.

-9.
67.
145.
125.
100.
118.
73.
70.
89.
14.

3209.
2877.
2411.
2104.
1815.
1513.
1319.
1154.
1107.
987.

-.0
.1
.3
-3
.2
.2
.2
. 1
.2
.0

7.3
6.5
5.3
4.6
4.0
3.3
2.8
2.5
2.4
2. 1

574.7
574.3
574.3
574.3
574.0
573.7
573.7
573.5
573.4
572.8

-.1
-. 1
.0
.0
-.0
-. 1
.0
-.0
-.0
-. 1

2.1
1.7
1.3
1.0
.6
.2
-.0
-.3
-.4
-.5

82260.
82436.
82689.
82907.
83112.
83368.
83488.
83647.
83820.
83925.

5. 1
4.7
4.0
3.6
3.3
3. 1
2.9
2.7
2.8
2.7

—SEP.van}
-OCT....J
-BOV....1
-DEC..,*)
1977-JAM...
-FEB..,.*
—HAH..•.|
-APB....j
-flAY.o . . |
-JUB....1
-AUG....|
-SEP....#
—OCT....|
-MOV....1
-DEC....|




TABLE 2 2 1„ 2H

FEDERAL
ND BANKS
LOANS 0 UTSTAMDMG
SEASONALLY- ADJUSTED DATA
NUMBER OF LOANS
MILLIONS OF DOLLARS
J CHANGE FBOH P R E V I O U S | _
I
I
I
MONTH
YEAR
J
-J
ISAAil

1976-JAN..
-FEB..
-MAR..
-APR..
-MAY. .
-JUll..
-JUL..
-AUG..
-SEP. „
-OCT..
-NOV..
-DEC..

16297.
16494.
16725.
1 6 9 3 3.,
17105.
1731 1.
17525.
17726.
17933.
18143.
18367.
18614.

2713.
2521.
2997.
2677.
2185..
2638.
2758.
2568.
2652.
3200.

2553.
2511.
2520.
2500.
2455.
2446.
2462.
2461.
2461.
2440.
2497.
2528.

197 7 - J A S - .
-FEB..
-MAR..
~APB.„
-HAY..
-JON..
-JUL..
-AUG..
-SEP..
-OCT..
-NOV..
-DEC..

2603..
3197.
3801.
3175.
3117.
2884.
3248.
3069.
3338.
3008.
3357.
3297.

2521.
2573.
2633.
2671.
2741.
2761.
2799.
28382890.
2916.
29532963.

1978—JAN..
-FEB..
-MAR..
-APR..
-MAY..
-JUN..
-JUL..
-AUG..
-SEP..
-OCT..
-NOV..
-DEC..

3107.
3094.
2540.
2326.
3419.
3450.
3492.
4056.
4130.
4261.
4074.
3357.

197 9 - J A N . .
-FEB..
-MAR..
—APR.»
-MAY..
-JUN.
-JUL..
-AUG..
-SEP..
-OCT..
-NOV..
-DEC..

2681.

2881..

PERCENTAGE CHANGE
FROM PREVIOUS
MONTH
(SAAB)
16.9
15.5

18.2
16.0
12.9
15.4
15.9
14.7
15.0
15.0
15.9
17.4
14.0
17.0
19.9
16.4
15.9
14.5

16.2
15.1

16.2

18.6

18.0

17.7
17.3
16.8
16.5
16-3

16. 1

15.9
15.5
15.7
15.7
15.5
15.6
15.7
15.8

16.0
16.0
16.0

16.0

16. 1

16. 1

30022997.
2907.
2846.
2870.
2913.
2933.
3007.
3067.
3161.
3216.
3222.

14.4
14.2
11.5
10.4
15.2
15.2
15.2
17.4
17.5
17.8

16.0

5609.
4164.
4415.
4728.
5446.
5405.
5377.
6433..
5221.
6471..
6236.
7145.

3404.
3485.
3625.
3804.
3953.
4097.
4237.
4409.
4491.
46524811.
5085.

22.6

1980-JAN...
-FEB.. -I
-BAR-.
-APR...
-MAY..
-JUN..
-JUL..
-AUG..
-SEP..
-OCT..
-NOV..
-DEC..

7847.
7932.
7897.
9791.

5246.
5516.
5767.

5802.
6646.
5073.
5660.
5854.
4781.
7453.

6348.
6383.
6480.
6390.
6428.
63926293.
6324.

26.6

1981-JAN..
-FEB..
—HAS..
-APR..
-MAY..
-JUN..
-JUL..
-AUG..
-SEP..
-OCT..
-NOV..,
-DEC..,

8084.
8196.
8593.
8773.
8586.
7979.
9357.
7953.
8993.
8819.
8559.
7090.

6351.
6379.
6438.
6382.
63926554.
6751.
6965.
7209.
7428.
7707.
7689.

22-3
22-3
22-9
23.0

5815.
5383.
4809.
3439.
3487„
3850..
3490.
3863.
2879.

7534.
7337.
7069.
6683.
6312.

8608.

2626.

3451.
2318.
1983-JA N..
-FEB..
-MAR..
-APR..
-MAY..
-JUN..
-JUL-.
-AUG..
-SEP..
-OCT..




577.
1106.
-1157.
-398.
-50.

128.

1043.
1889.
2232.
1179.

6121.

6011.

5585.
5285.
4835.
4376.
4000.
3638.
32282894.
2414.
2104.
1819.
1521.
1325.
1170.
1119.

1002.

13.7
16.5
17.3
18-3
20.7
20.3
19.9
23.4
18.7
22-8
21-6
24.3

16.1
15.9

15.7
15.0
14.5
14.5
14.5
14.4
14.6
14.7
15.0
15. 1
14-9
15.6
15.8
16.3
16-9
17.4
17.8

18.2
18.7

18.8

19.2
19.6
20.5

26-3

20.8

25.4
30.9

22.3
23.3
23.8
23.6
23.6
22-8

26.0

17.6
19.9
14.9
16.5

16.8

13.6
20.9

22.2
20.2
23.4
19.5

21.8
21.0

21.6

22.6

22. 1
21-4
21.2

20.8

20.5
20.3
19.7
19.4
19.6
19.9
20.3
20.7

21. 1

20.0

21.6

13-2

20.5
19.6

16.4

12. 1
10.7
7.6
7.7
8.4
7-6
8.3

6.2

5.6
7.3
4.9
1-2
2,3
-2.4
-.8

-.1

.3

2.2
4.0
4.7
2.5

PERCENTAGE
CHANGE
FROM
PREVIOUS
YEAR

MONTH
(SAAR)

14.4
15.9
15.5

16.8

AVERAGE S I Z E

PERCENTAGE CHANGE
FROM PREVIOUS

21.2

444.2
444.8
445.7
446.5
447.0
447.6
448.2
448.9
449.5
4 50. 1
450.6
451.4

2.7
1.7
2.4
2. 1
1.5

2.0

3. 1
2-8
2.7
2.5
2.3
2.2
2. 1
2.0
1.9
1.9
1.8
1.8

36687.
37078.
37524.
37927.
382663867439102.
39487.
39897.
40310.
40757.
41238.

15. 1
14.8
14.7
14. 5
14. 1
14.0
14.0
13.8
13.7
13.4
13.6
13.6

451.9
452.7
453.5
454.2
454.8
455.4
456. 1
456.8
457.7
458.6
459.3
460.2

1.5
2.0
2.2
2.0
1.4
1.8
1.7
2.0
2-3
2.2
2.1
2-1

1.7
1.8
1.7
1.7
1.7
1-7
1-8
1.8
1-8
1-9
1.9
1.9

41639.
42118.
42685.
43158.
43641.
44073.
4456345013.
45494.
45924.
46414.
46891-

13.5
13.6
13.8
13.8
14.0
14.0
14-0
14.0
14.0
13.9
13.9
13.7

460.8
461.6
461.9
462- 1
463-0
463.9
465-0
466.3
467.7
469.1
470.4
471.8

1-8
2.0
-8
.5
2-4
2.4
2.8
3.4
3.6
3.7
3.4
3.8

2.0
2.0
1.9
1.7
1.8
1.9
2.0
2.1
2.2
2.3
2.4
2.5

47349.
47795.
48199.
48582.
49064.
49546.
50016.
50551.
51085.
51632.
52160.
52558.

13.7
13-5
12.9

473.6
4 75. 1
476.6
478.0
479.8
481.7
483.7
486.0
488.0
490.4
492.5
495.6

4-5
3.8
4.0
3.6
4.6
4.7
5. 1
5.9
5. 1
6.1
5. 1
8.0

2.8
2.9
3.2
3.4
3.6
3.8
4.0
4.2
4.4
4-6
4-7
5.0

53261.
53777.
54319.
54921.
55581.
56226.
56845.
57574.
58158.
58870.
59591.
60296.

12.5
12.5
12.7
13.0
13.3
13-5
13.7
13.9
13.8
14.0
14.2
14.7

498.7
501.7
504.8
508.8
512.5
514.9
516.9
518.6
520.5
522-5
523.6
526.4

7.7
7.4
7.7

5.3
5.6
5.9
6.4
6.8
6.9
6.9
6.7
6-7
6.5
6-3
6.2

61101.

14.7
15. 1
15.5
15.8
15.9
15.6
15.6
15. 1
15.0
14.6
14.2

529.3
532- 1
535-4
538.2
541.3
544.2
547.1
550. 1
553.4
556.5
559.8
562.5

1.6
1.6

1.9

1.6

1.6
1.5

10.2
8.9
5.7
4.9
4.0
4-4
4.8
2.6

6.6
6.7
6.7
7.5

6.6

7.0
6.6
6.6
6.8
7.4
7.1
7.2
5.9

6192262715.
63623.
64424.
64997.
65723.
66275.

66880.
67490.
68065.
68784.

6.1
6.1
6.1
5.8
5.6
5.7
5.8
6. 1
6.3
6.5
6.9
6.8

69570.
70362.
71153.
72008.
72808.
73540.
74441.
75144.
75934.
76710.
77438.
78046.

12.6

12.4
12.4

12.2
12.3
12-3
12-4
12.4
12- 1

14. 1
13.9
13.6
13.5
13-2
13.0

13. 1

13.3
13.4
13.5
13.7
13.8
13.5

4.3
3.8
3-4
2.5
2.8
2.8
2.2
2.6
1.6
1.1
1.9

6. 6
6-4
6-1
5-7
5-4
5-0
4-7
4-3
3-8
3-3
2-9
2-5

78581.
79087.
79540.
79863.
80171.
80526.
80870.
81241.
81541.
81838.
82192.
82464.

13.0
12.4

11.5
10.3
9.2
8.3

564.5
566.2
567.8
569. 0
570.3
571.6
572.7
573-9
574.6
575- 1
576. 0
576.4

7.3
6.5
5.3
4.6
4-0
3.3
2.9
2-5
2.4
2. 1

576. 1
575.9
575.1
574.5
573.8
572- 9
572- 7
572-5
572-5
572.3

-.7
-.3
-1.7
-1-3
-1.4
-1-9
-.5
-.3
-.0
-.6

2-1
1.7
1.3
1.0
.6
.2
.0
-.2
-.4
-.5

82597.
82776.
82725.
82759.
82848.
82996.
83180.
83471.
83792.
84002.

5. 1
4.7
4.0
3.6
3.3
3. 1
2.9
2.7

18.6

17.2

16.0

15.0
13.7

12.8

11.8
10.9

10. 1
9-5

8.6

8- 1
7.4
6.7
6- 1
5.7

2.8
2.6

14
TABLE 2 2 2 - 1 1 1

FEDERAL LAND BANKS
LOANS CLOSED

HO NTH

1
]
1
1

|

AMOUNT

1

MILLIONS OF DOLLARS
CLOSED
IN
MONTH

1
1
# CHANGE FROM P R E T I O U S J
1
i
YEAR
1
1
MONTH

PERCENTAGE CHANGE
FROM PREVIOUS

1
i
i
1
1 THOUSANDS|
i
I
1
1
4.8
4.5
6.4
5.4
4.9
5.2
4.5
4.4
4.2
4.1
4.5
5.0

-3.6
-7.2
42.8
-15.7
-9.3
6.1
-13.9
-2.0
-4.6
-1.7
9.0
13.0

-13.3
-12.6
11.2
-2.6
-8.3
.9
-6.2
9-0
-3.0
-7-1
20.0
1.0

81586.
77645.
82736.
81165.
74546.
78265.
82357.
73457.
77572.
76534.
78511.
86699.

13.8
14.3
8.0
13.0
4.6
7.7
18.3
2.0
7.3
5.7
11.4
15.6

|
#
|
|
#

4.9
4.7
6.8
5.6
5.8
5.9
4.8
4.8
4.5
4.4
4.8
5.0

-2.3
-4.3
44- 1
-17.3
3.2
1. 1
-18.5
.5
-7.3
-2.2
11.1
3.2

2.4
5.6
6.6
4.6
19.0
13.4
7-3
10.1
7-0
6.4
8.5
-.9

94058.
91013.
99833.
92640.
89273.
86233.
102888.
83792.
85203.
82240.
86442.
89729.

15.3
17.2
20.7
14. 1
19. 8
10. 2
24.9
14. 1
9.8
7.5
10. 1
3.5

8.4
-8
-8.8
-5.6
10. 1
10-6
-6.2
19.3
19.8
35.5
12.3
7.6

1
|
#
|
|
#
|
1
|
1
1
|

4.9
4.5
5-9
4.9
5.9
5.9
4.8
5-3
4-7
5-2
5.2
5-2

-1.7
-8.6
31.2
-16.8
19.7
.3
-17.7
10.0
-12.7
12.4
-1.3
-.2

-.2
-4.7
-13.3
-12.8
1-2
1.3
10.9
4.4
19.9
6.5
3-0

102187.
96334.
104921.
100255.
97164.
95029.
95272.
90130.
97744.
92918.
91087.
93784.

8.6
5.8
5. 1
8.2
8.8
10.2
-7.4
7.6
14.7
13.0
5.4
4.5

52-0
-27.7
50-5
-8-2
7.8
-5.4
-12.0
5.2
-24.2
31.7
-.9
17.8

46. 1
22.6
29. 1
49.0
38-5
33.5
42.3
43.9
15.3
42.2
45.6
67.0

|
#
J
J
|
|
1
#
1
1

6.2
5.0
6.9
6.1
6.9
6.6
6.2
6.4
5.2
6.4
5-7
6.6

20.7
-20-4
39.4
-11-5
13-7
-4.5
-6.3
3.2
-19.7
24.2
-10.5
15.3

26.4
10-2
17.1
24.6
18-3
12.7
28-3
20.4
10.8
22.5
11.0
28.3

118095.
107147.
115682119910.
113716112593105705107772101719.
107817.
119449122095.

15.6
11-2
10.3
19.6
17.0
18,5
10-9
19.6
4. 1
16-0
31. 1
30.2

20.3

32.1
61.4
34.4
54.0
27.8
7.4
12.0
-24.5
8.3
-9.0
-20.6
-3.7

#
#

7.4
6.4
8.0
8.9
7.7
6.4
5.4
4.4
4.8
5.3
4.5
6.2

12.6
-13.7
23.9
11.2
-13.1
-17.1
-15.4
-19.0
9.3
11.8
-15.3
36.9

19-7
29-8
15-3
45.0
10.8
-3.9
-13.2
-31.9
-7.3
-16.6
-21.0
—6.2

130356.
133238.
134819.
127389.
131180.
125832.
136332.
119406.
118779117679.
120112.
125298.

10. 4
24.4
16.5
6.2
15.4
11.8
29.0
10.8
16.8
9. 1
.6
2- 6

-1.0
6. 6
12.3
2- 1
4.0
28-4
33.9
47-0
51- 1
37.7
43.1
3.6

#
|
1
|
1
|
1
1
#
#
|

6.5
6.0
8.4
7.6
7.2
7.5
6.7
5.9
6.3
6.2
5.7
6.1

4.1
-7.0
40. 1
-9-5
-5.5
4.3
-10.8
-11.0
6. 1
-1.5
-8.9
7.3

-13.3
—6.7
5.5
-14.2
-6.7
17.3
23.8
35.9
31.9
16.2
25.0
-2-0

148923.
152246.
143502.
151602.
146184.
137739.
147517.
129112.
136077.
139383.
137537.
132490.

14.2
14.3
6.4
19.0
11.4
9.5
8.2
8. 1
14.6

3.4
-17.5
43.8
-23.2
-12.3
4.4
-26.7
-8.4
-17.6
-9.0
10.5
7.5

-13.5
-24.9
-18.2
-34.2
-36-7
-32-7
-48.4
-39.3
-55.3
-59-7
-50.4
-48.4

1
|
|
#
|
1
1
1
I
|
1
1

5-4
4.6
6.6
5.5
4-9
5- 1
4-0
3-7
3.4
3. 1
3.3
3.4

-10.6
-15.0
42.8
-16.4
-10.5
2.5
-20.5
-6.6
-10.6
-7.8
7.5
1.8

-15.8
-23.1
-21.6
-27.6
-31.4
-32.6
-39.9
-36.9
-46.9
-50.3
-41.3
-44.3

153135.
148670.
149778.
137727.
134999.
137426.
126610.
124232.
114571.
113070.
116189.
122674.

2.8
-2.3
4.4
-9.2
-7.7
-.2
-14.2
-3.8
-15.8
-18.9
-15.5
-7.4

10.9
-23. 6
58.5
-21.0
-1.4
-1.8
-16.4
3.8
-16.5
-9.2

-44.7
-48.8
-43.5
-42.0
-34.8
-38.6
-30.0
-20.7
-19.7
-19.8

#
1
i
#
|
#
J
|
|
|

3.6
2.9
4.4
3.6
3.6
3.4
2.8
2.8
2.5
2.5

6.1
-19.0
50.7
-17.3
.6
-6.4
-17.9
1-3
-1 1.8
.5

-33.9
-37.0
-33.5
-34.2
-26.0
-32.5
-30.3
-24.4
-25.4
-18.6

128250.
120924.
127175.
121436.
119000.
124897.
127233.
130308.
123349.
111433.

-16.3
-18.7
-15. 1
-11.8
-11.9
-9. 1
.5
4.9
7.7
-1.4

88.
40.
-1532.
36.
32.
13.
-6.
88.
63.

4.8
-11.7
52- 1
-17.3
-16.7
1 1.4
-9. 4
-12.6
.8
-3.0
1 1.8
24.8

-1.3
-. 1
20- 1
10.0
-4. 1
8.7
10.9
11.2
4. 1
-1.9
33.7
16.7

J
J
#
1
|
#
j
|
J
1
#
#

26.
-34.
249.
-158..
-3.
-12..
-14.
-89.
— 23.,
-21.
60.
30.

71.
83.
151.
85.
155.
101..
125.
82.
57.
45.
68.
11.

6.0
-7.4
58. 1
-23.2
-. 6
-2. 4
-2.7
-18-2
-5-7
- 5. 6
16.8
7.2

18.0
23.8
28.7
19.4
42.5
24.9
34. 1
25.6
17.5
14.4
19-5
2.6

J
#
|
|
J
|

503.
433.
619.
492.
571„
560.
462.
481.
455.
486.
470.
483.

54.
-70.,
186.
-127..
79-11— 98.,
19.
-26.
31.
-16.
13.

39.
4.
-60.
-29.
52.
54.
-30.
78.
75.
127.
51.
34.

12.0
-13.9
42.9
-20.5
16.0
-1.9
-17.5
4. 1
-5.4
6.8
-3.2
2.7

734.
531.
799733.
790.
748.
657692525.
691.
685.
807.

251.
-204.
268-66.
57.
-43.
-90.
34.
-167.
166.
-6.
122-

23298.
180241.
219.
188.
196.
21170.
205.
215.
324.

970.
856.
1074.
1129.
1010.
803.
736.
522.
568.
629.
544.
777.

164.
-114.
218.
55.
-119.
-207.
-67.
-214.
46.
61.
-85.
233.

236.
326.
275.
396.
220.
56.
79.
-170.
43.
-62.
-141.
-30.

961.
913.
1206.
1152.
1050.
1032.,
986.
768.
858866.
778.
804.

184.
-48.
293.
-54.
-102.
-19.
-46.
-218.
91.
7.
-87.
26.

-10.
57.
132.
24.
40.
228.
250.
245.
290.
237.
234.
28.

1982-JAN....|
-FEB.... J
-MAR....#
-APR
|
-MAY....!
-JON..
-JUL
-AOG
,.J
-SEP....J
-OCT...* 1
—NOT...a |
-DEC....|

832.
686.
986.
758.
665.
694.
508.
466.
384.
34 9 .
386.
415.

27.
-146..
301.
-228.
-93.
29.,
-186..
-43.
-82.
-35.
37..
29.

-129.
-227.
-219.
-394.
-385.
-338.
-478.
-302.
-474.
-516.
-393.
-390.

1983-JAM.....#
-FEB....#
-MAR....|
-APR.
1
-MAY....]
-JON
]
-JUL....1
—AOG-...#
-SEP....#
-OCT
1

460.
351.
557.
44 0 .
434.
426.
356.
369.
308.
280.

45.
-109.
206.
-117..
-6.
-8.
-70.
13.
-61.
-28.

-371.
-334.
-429.
-318.
-232.
-268.
-152.
-96.
-76.
-69.

393.
347.
528.
436.
364.
405.
367.
321.
323.
314.
351.
438.

18.
-46.
181-91.
-73.
41.
-38.,
-46.
3.
-10.
37.
87.

1977-JAN..,.. |
-FEB
1
-MAR
»J
-APR
J
-MAY.-..|
-JON-....#
-JUL
1
-AUG...., |
—SEP-. . o |
-OCT
1
-NOV
J
-DEC..... 1

464.
429.
679.
521.
518.
506.
492.
403.
380.
359419.
449.

1978-JAN
|
-FEB
|
—MAR....|
-APR....|
-MAY--.«|
—JU N- . . «. 1
-JUL...u j
-AUG
|
—S E P . . . « |
-OCT
|
-NOT
-DEC...., |
1
1979—JAN.... |
-FEB..... J
-MAB. . . .#
-APR
1
-MAY... .1
-JO M
1
-JUL
|
-AOG
|
-SEP.
1
—OCT....}
-NOT..-. |
-DEC
I
1980—JAN
|
-FEB.....#
— MAR. . . . . |
-APR...,. 1
-MAY
J
-JO N...„ |
-JUL.-.oj
-AOG..... |
-SEP....|
-OCT
|
-NOT.... |
-DEC
|
1
1981-JAN....I
-FEB..... |
-MAR-..- J
-APR..... |
— HAY-...»|
-JUI1
|
- JOL. . . . |
-AOG..... |
-SEP.--. J
-OCT
|
— NOT.. . o |
-DEC
1




1

-5.

PERCENTAGE
CHANGE
FROM
PREVIOOS
YEAR

YEAR

YEAR

I
1976-JAN.-.. |
•* F E B - i x o j
— MAB. . . . |
-APB
„ j
-MAY....*
-JO 8
|
—JUL....|
— ADG.o.o J
—SEP. . . . J
-OCT
1
-NO?.... |
-DEC.... |

DOLLARS

PERCENTAGE CHANGE
FROM PBEVIOOS
MONTH

MONTH

1

AVERAGE S I Z E

NUMBER OF LOANS

-11.8
25-4
5. 1
-10. 5
-20.5
-8.3
-29. 1
8-8
10-7
-13.5
42.8
23.7
-5.0
32. 1
-4.4
-8.9
-1.8

-4.4

-22. 1
1 1.8
.9
-10. 1
3.3

1

1
#

1

#
1
#
#
J
#
|
|
#

J

.4

18.4
14.5
5.7

TABLE 2 2 2 . 2 B

PBDKBAL H I D BANKS
LOABS CLOSED
SEASOBALLI-ADJOSTBD ABBUAL BATE
B0BB1B C P LOABS
B I L L 1 0 B S OP DOLLARS
CLOSED
—

'

|

CHARGE PBOB PREVIOUS|
«°«»

1976—JAB... . |
-PE3....J
—BAB....I
—APR..... |
-BAT.... j
-JOB
J
-JUL..... J
-AOG
1
-SEP.... j
—OCT. . . . |
-MOV
j
-DEC
1

4334.
4475.
4829.
4695.
3892.
4548.
4567.
4416.
4619.
4444.
4886.
5395.

-306.
141.
355.
-135.
-803.
657.
19.
-151.

197 7-JAM
J
-FEB
J
-MAR
j
-APR....j
— HAT.... . |
-J0M....|
-JUL
1
-AUG
1
—SEP.. . n J
-OCT
1
-NOV....I
-DEC
j

5161.
5531.
6157.
5603.
5474.
5644.
6167.
5533.
5498.
5124.
5904.
5535.

-233.
370.

1978—JAM....J
-FEB
1
-BAR. . . . J
—APR...*|
-BAT....I
—JOB.... J
-JOL....J
-AOG
1
—SEP...., |
—OCT....|
-NOV
)
-DEC
1

5594.
5537.
5604.
5253.
5982.
6260.
5823.
6553.
6666.
6934.
6662.
6012.

1979-JAN
|
-FEB....j
-BAR
|
— APR...a I
-HAI. . . „ |
-J0M....I
-JUL....J
— AO G. . . . |
—SEP. . . a 1
-OCT.... |
-NOV... „ |
-DEC
|

PEBCESTAGE CHARGE
FROM PRBVIOOS

I
THOOSAMDSI
I

!
-6.6
3.2
7.9
-2.8
-17. 1
16.9
4
-3.3
4.6
-3.8
9.9
10.4

.2
-.0
18.3
10.0
-4.6
6.9
10.6
12.3
5.3
-.9
34.9
16.3

56.6
57.7
63.2
59.7
53.2
57.7
56.7
54.1
57.5
54.9
58.3
61.4

827.
1056.
1327.
908.
1582.
1096.
1599.
1117.

-4.3
7.2
11.3
-9.0
-2.3
3.1
9.3
-10.3
-.6
-6. 8
15.2
-6.2

19.1
23.6
27.5
19.4
40.7
24. 1
35.0
25.3
19.0
15.3
20.8
2.6

58.2
61.4
67.0
63.0
62.6
64.7
60.9
60.2
61.6
58.1
63.8
61.1

-.7
3.5
-5.9
-1. 1
2.3
—5.8
9.9
-4.3

-271.
-651.

-553.
-350.
508.
615.
-344.
1019.
1168.
1809.
759.
477.

1.1
-1.0
1.2
-6. 3
13.9
4.6
-7.0
12.5
1.7
4.0
-3.9
-9.8

8.4
.1
-9.0
-6. 3
9.3
10.9
-5.6
18.4
21.2
35.3
12.9
8.6

58.0
58.9
57.5
55.2
62.7
64.8
62.0
67.6
64.5
69.0
68.6
62.9

-2.4
-4.1
13.6
3.4
-4.3
9.1
-4.7
7.0
—.6
-8.2

8132.
6748.
7252.
7767.
8261.
8382.
8338.
9314.
7756.
9846.
9742.
10135.

2120.
-1384.
50*.
516.
493.
121.
-44.
976.
-1559.
2091.
-104.
393.

2538.
1211.
1648.
2515.
2279.
2122.
2515.
2762.
1090.
2913.
3080.
4123.

35.3
-17.0
7.5
7.1
6.4
1.5
-.5
11.7
-16.7
27. 0
-1.1
4-0

•5 . 4
21.9
29.4
47.9
38.1
33.9
43.2
42.1
16.3
42.0
46.2
68.6

73.2
65.4
66.9
68.3
73.8
73.0
79.7

1980-JAM..
-FEB..
-BAB..
-APE..
-MAY..
—JO N. .
-JUL..
-AUG..
-SEP..
-OCT-.
-NOV..
-DEC..

10685.
10865.
9750.
11846.
10695.
9016.
9391.
6949.
8422.
8970.
7750.
9817.

550.
180.
-1114.
2096.
-1201.
-1629.
375.
-2442.
1473.
54 8 .
-1220.
2068.

2553.
4117.
2499.
4079.
2384.
634.
1053.
-2365.
666.
-876.
-1992.
-318.

5.4
1.7
-10.3
21.5
-10.1
-15.3
4.2
-26.0
21.2
6.5
-13. 6
26.7

31.4
61.0
34.5
52.5
28.9
7.6
12.6
-25.4
8.6
-8.9
-20.5
-3.1

1981-JAM..
-FEB..
-HAS..
-APR..
-BAT..
- J O MOO
- JUL.*.,
-AUG...
-SEP..
-OCT..
-MOV..,
-DEC..

10563.
11587.
10888.
12018.
11180.
11562.
12596.
12752.
12444.
11083.
10171.

74 6 .
1024.
-699.
1130.
-838.
381.
1035.
-2471.
2626.
-308.
- 1 3 6 1.
-912.

-122.
7221137.
172.
535.
2546.
3205.
3176.
4330.
3474.
3333.
354.

7.6
9.7
-6.0
10.4
-7.0
3.4
9.0
-19.6
25.9
-2.4
-10.9
-8.2

-1.1
6.6
11.7
1.5
5.0
28.2
34.1
45.7
51.4
38.7
43.0
3.6

9145.
8720.
8833.
7878.
7185.
7777.
6481.
6108.
5699.
5057.
5480.
5247.

-1026.
-425.
113.
-954.
-693.
592.
-1295.
-374.
-409.
-642.
423.
-233.

-1418.
-2867.
-2055.
-4140.
-3995.
-3785.
-6115.
-4018.
-7053.
-7387.
-5603.
-4924.

-10. 1
-4.7
1.3
-10.8
-8.8
8.2
-16.7
-5.8
-6. 7
-11.3
8.4
-4.2

-13.4
-24.7
-18.9
-34.4
-35.7
-32.7
-48.5
-39.7
-55.3
-59.4
-50.6
-48.4

5066.
4464.
4959.
4571.
4732.
4762.
4535.
4840.
4568.
4066.

-181.
-602.
495.
-388.
161.
29.
-226.
304.
-272.
-501.

-4079.
-4256.
-3873.
-3307.
-2453.
-3015.
-1946.
-1268.
-1131.
-991.

-3.4
-11.9
11.1
-7.8
3.5
.6
-4.8
6.7
-5.6
-11.0

-44.6
-48.8
-43.9
-42.0
-34.1
-38.8
-30.0
-20.8
-19.8
-19.6

I
1 9 8 2 - J A M . . .1 * 1
-PEB.. • - I
-BAR.. • V |
-APR.. --I
-BAT.. - • i
-JDS.. . . j
-JOL.. . . I
-AOG..
-SEP..
-OCT.. . . j
-MOV..
-DEC..
i
1983-JAM..
I
- P E B . . • •» I
- B A R . . ...i
-APR-. • • I
-MAI—
-JOB.. «i
- J O L . . »*• l
-AO G . .
-SEP.. -i
-OCT.. - i
—i_




10126.

202.

626.

-554.
-129.
170.
522.
-633.
- 3 5.
-374.
779.
-369.
59.
-57.
67.
-351.
729.
277.
-437.
730.
113.

268.

880.
680.

1018.
140.

433.

6.

PBBCBBTAGB
CBABGE
PBOB
PBBVIODS

TEA#

9.
-1.
748.
428.
-187.
294.
439.
483.
23*.
-40.
1265.
755.

-174.
442.
509.

AfBBAGI S H E

PBBCBBTAGB CHAB6B
PBOB PREVIOUS

-6.9

-12.4

9.5
-5.7

10.8

2.0

-10.8
8.4

-1.6
-4.6

6.2

-12.0
-1.6

-8.4
-1.1
-7.3

10.1

-4.6

-2.8
-7.2

5.2

1.0

6.2

-5.2
5.6
9.1

-6. 0

-5.0

1.6

20.6

2.8

6.4
5.9
5.6
17.7

12.2

76567.
77490.
76360.
78702.
73174.
78868.
80491.
81584.
80316.
80968.
83783.
87923.
88691.
90039.
91897.
88941.
87480.
87193.

14.4
13.6

6.8
11.8
4.2

8. 1

19.3
1.9
8.4

6.8

11.9
15.2
15.8

16.2

20.3
13.0
19.5

10.6

7.4
11.3
7.2
5.8
9.4
-.5

101210.

25.7

88260.

9.0
10.5
3. 1

-.4
-4.1
-14.1
-12.4

96484.
93979.
97415.
95219.
95479.
96657.
93935.
96905.
103416.,
100521.
97128.
95517.

7.1
9. 1
10.9
-7.2
5.5
15.9
13.9
5.0
5.4

.1

.0

1.7
12.3
4.6

18.8
7.5
3.1

91860.
89198.

92539.
90646.

12.6
11.1

8.8

4.4

6.0

16.2
-10.6
2.3
2.1
7.9
-1.0
9.1
3.1
-12.9
17.4
-8.6
5.6

26.2
11.0
16.3
23.9
17.7
12.7
28.6
21.5
11.0
21.8
11.9
28.8

111149.
103144.
108403.
113678.
112012.
114792.
104636.
113365.
108423.
117200.
126892.
125017.

15.2
9.8
11.3
19.4
17.3
18.8
11.4
17.0
4.8
16.6
30.6
30.9

7.5
-1.9
-10.5
27.9
-16.2
-14.1
-1.9
-18.2
17.1
5.9
-12.8
24.2

19.2
30.7
14.4
43.3
11.2
-3.5
-13.3
-31.2
-7.5
-16.6
-20.4
-6.3

122548.
127040.
127365.
121010.
129763.
128017.
135973.
123012.
127278.
127987.
126733.
129265.

10-3
23.2
17.5
6.4
15.8
11.5
29.9
8.5
17.4
9.2
-. 1
3.4

-.5
6.4
-.5
3.4
-6.9
7.4
3.4
—9.6
12.6
-5.9
—6. 5
-3.2

-13.3
-6. 0
4.5
-15.5
-6. 1
17.4
23.8
36.9
31.6
17.0
25.3
-2.4

139790.
144181.
136105.
145322.
145159.
139788.
147324.
130947.
146424.
151773.
144601.
137156.

14. 1
13.5
6.9
20. 1
11.9
9.2
8.3
6.5
15.0
18.6
14. 1
6.1

55.7
51.4
49. 1
46.0
41. 1
45.0
41.0

-14.0
-2.4
-.4
-4.5
-10.0
4.5
-7.7
-4.5
—6.2
-10.7
9.3
-8.7

-15.6
-22.6
-22.5
-28.4
-30.8
-32.6
-39.9
-36.5
-47.1
-49.8
-41.4
-44.7

143372.
140124.
142474.
133014.
134721.
139569.
126069.
124436.
123760.
122942.
121900.
127864.

2.6
-2.8
4.7
-8.5
-7.2
-.2
-14.4
-5.0
-15.5
-19.0
-15.7
-6.8

42.4
39.3
41.0
38.8
39.8
37.5
35.9
37.3
34.3
33.6

3.3
-7.3
4.3
-5.3
2.5
-5.8
-4.3
4.0
-8.2
-1.8

-33.6
-36.9
-33.9
-34.5
-25.4
-32.8
-30.2
-24.0
-25.6
-18.2

119569.
113672.
121024.
117849.
119022.
127109.
126471.
129723.
133340.
120873.

-16. 6
-18.9
-15. 1
-11.4
-11.7
-8.9
.3
4.2
7.7
-1.7

82.2

71.5
84.0
76.8

81. 1
87.2
85.5
76.6
97.9

82.0

70.4
69.1
56.5

66.2

70. 1

61.1
75.9

75.6
80.4

80.0

82.7
77.0
82.7
85.5
77.3
87. 1

82.0

76.6
74.2
63.8

62.2
62.0
59.2

53. 3

16

tlUl 222. 3 H

F E D B B l t LA10 BISKS
LOAMS CLOStD
TWELTE-BONTH BOTING TOTAL
MOBfiEB OF LOAMS

IIAI
EMDING—

B I L L 1 0 I S OF S O U I B S
I

END OF
MONTH

|
L.

1976—JAN.... |
-FEB.... J
—BAB. . . . |
—APB....J
-BAY... . j
-JON
1
-JUL....|
-AUG....;
-SEP
J
-OCT....J
— NOT. . . . |
-DEC. . . ^ i

4214.
4214.
4302.
4342.
4327.
4359.
4395.
4428.
4440.
4434.
4523.
4585.

1977-JAN. . . . |
— FEB. . . « I
— BA H. — . «> j
-APE....|
—BAY....|
-J0N....1
—JO L . . . . . |
-A0G....J
-SEP. .... |
-OCT
1
-MOV
1
-DEC....J

CH11GB FBOH P B E T I O O S J .
MONTH
-5.

I
I

PERCENTAGE CBAIGE
FBOH PBETIOOS

ATEBAGE S I Z E

PEBCEBTAGE CHANGE
FBOH PBETIOOS

PEBCEBTAGE
CHANGE
FBOH
PBETIOOS

THOUSANDS | _

YEAH

MAI

1

88.
40.
-15.
32.
36.
32.
13-6.
88.
63.

210.
116.
109.
95.
62.
62.
139.
211.
220.
211.
341.
366.

-.1
-.0
2.1
-9
-.4
.8
.8
.7
.3
-.1
2.0
1.4

5.2
2-8
2-6
2.2
1-5
1-4
3.3
5.0
5.2
5.0
8.2
8-7

57.8
57.2
57.8
57-7
57.2
57.3
57-0
57.3
57.2
56.9
57-6
57.7

-1.3
-1-1
1-1
-.3
-.8
.1
-.5
.6
-.2
-.5
1.3
.1

-7.9
-9.8
-9.2
-9.1
-9.2
-8.8
-8.4
-5.3
-4.8
-4.5
—1.6
-1.5

72886.
73701.
74412.
75288.
75600.
76105.
7713677212.
77608.
77932.
78459.
79480.

14.3
14.1
12.9
12.5
11.7

4656.
4739.
4890.
4975.
5130.
5231.
5356.
5438.
5494.
5539.
56085619-

71.
83.
151.
85.
155.
101.
125.
82.
57.
45.
68.
11.

442.
525.
588.
633.
803.
871.
960.
1010.
1054.
1105.
1085.
1034.

1.5
1.8
3.2
1.7
3.1
2.0
2.4
1.5
1.0
.8
1.2
.2

10.5
12.4
13.7
14.6
18.6
20.0
21.9
22.8
23.7
24.9
24.0
22.5

57.8
58-1
58.5
58. 7
59.7
60.4
60.7
61. 1
61.4
61.7
62. 1
62.0

.2
.4
.7
.4
1.6
1.2
.5
.7
.5
.4
.6
-.1

-.0
1.5
1-1
1.8
4.2
5.4
6.5
6.6
7.3
8.4
7.7
7.5

80548.
81622.
83619.
84707.
85983.
86669.
88264.
88970.
89470.
89819.
90369.
90616.

10.5
10.7
12.4
12.5
13.7
13.9
14.4
15.2
15.3
15.3
15.2
14.0

1978-JAN
1
— FEB. . . . |
—BAB....|
— AP B . . . . |
-BAY....#
-JON.... |
-JUL....j
-AOG....1
-SEP
J
-OCT
1
-NOT
|
-DEC.... |

5658.
5662.
5602.
5572.
5625.
5678.
564 8 .
5726.
5801.
5928.
5980.
6014.

39.
4.
-60.
-29.
52.
54.
-30.
78.
75.
127.
51.
34.

1002.
923.
711.
597.
495.
448.
292.
288.
307.
389.
372.
395.

.7
. 1
-1. 1
-.5
.9
1.0
-.5
1.4
1.3
2.2
.9
.6

21.5
19.5
14.5
12.0
9-7
8.6
5.5
5.3
5.6
7.0
6.6
7.0

62.0
61.8
60.9
60.2
6Q.2
60.2
60.3
60.8
61.0
61-9
62.2
62.4

-.0
-.4
-1.5
-1.2
.1
.0
.1
.9
.3
1.4
.5
.2

7.3
6.4
4.1
2.4
-9
-.2
—.6
-.5
—.6
.4
.3
.6

91260.
91648.
92020.
92634.
93400.
94257.
93654.
94124.
95052.
95774.
96112.
96432.

13.3
12.3

1979-JAN
1
-FEB.... |
-BAB.... |
—APH
1
-BAY.... J
-JON
|
-JOL... . j
-AUG
[
-SEP
J
—OCT. . .«»|
— NOT. . . . . |
-DEC..... |

6246.
6343.
6523.
6764.
6984.
7171.
7367.
7578.
7648.
7853.
8067.
8391.

232.
98.
180.
241.
219.
188.
196..
211.
70.
205..
215.
324.

588.
682.
922.
1192.
1359.
1493.
1719.
1852.
1847.
1924.
2088.
2377.

3.9
1.6
2.8
3.7
3.2
2.7
2-7
2.9
.9
2.7
2.7
4.0

10.4
12.0
16.5
21.4
24.2
26.3
30.4
32.3
31.8
32.5
34.9
39.5

63.7
64.1
65. 1
66.3
67.4
68.2
69-5
70.6
71-1
72.3
72.9
74.3

2.1
.7
1.6
1.9
1.6
1.1
2.0
1.6
.7
1.7
.8
2.0

2.7
3.8
7.0
10.3
11.9
13.1
15-3
16.1
16.5
16.8
17.1
19.2

98104.
98926.
100160.
101973.
103603.
105219.
105956.
107316.
107537.
108619.
110714.
112899.

7.5
7.9

1980—JAN.... |
-FEB
|
-MAE
1
-APR
1
— BAY. . • . J
-JON
|
-JUL.o-.J
— AOG
i
-SEP
|
-OCT
1
-NOV
|
-DEC....|

8627.
8953.
9228.
9624.
9844.
9899.
9978.
9809.
9852.
9790.
964 9 .
9619.

236.
326.
275..
396.
220..
56..
79..
-170.
43.
-62.
-141.
-30.

2382.
2610.
2705.
2860.
2860.
2728.
2611.
2231.
2204.
1937.
1582.
1228.

2.8
3.8
3. 1
4.3
2.3
.6
.8
-1.7
.4
—. 6
-1.4
-.3

38.1
41.1
41.5
42.3
41.0
38.0
35-4
29-4
28.8
24.7
19.6
14.6

75.5
77.0
78- 1
80.8
81.6
81.3
80.5
78.5
78. 1
77.0
75.8
75.4

1.6
2.0
1.4
3.5
.9
-.3
-1.0
-2.5
-.5
-1-4
-1.6
-.5

18.7
20.1
19.9
21.9
21.0
19.3
15.8
11.1
9.8
6.5
4.1
1.5

114191.
116234.
118179.
119057.
120657.
121721.
123939.
125009.
126165.
127103.
127264.
127555.

1981-JAN
f
—FEB- . . . 1
-BAB. . . . 1
-APE
|
-BAY
1
-JON.... |
—JO L . . . . |
—AOG....]
-SEP
1
-OCT
|
-NOT
J
-DEC
1

9610.
9666.
9798.
9822.
9862.
10090.
10340.
10585.
10876.
11113.
11347.
11375.

-10.
5 7 «s
132.
24.
40.
228.
250.
245„
290.
237.
234..
28.

982.
713.
570.
198.
18.
191.
362.
777.
1024.
1322.
1698.
1756.

-. 1
.6
1.4
.2
.4
2.3
2.5
2.4
2.7
2.2
2. 1
.2

11.4
8.0
6.2
2.1
.2
1.9
3.6
7.9
10.4
13.5
17.6
18.3

74.4
74.0
74.4
73.2
72.6
73.8
75.0
76.6
78. 1
79.0
80.1
80.0

-1.3
—.6
.6
-1.7
-.7
1.5
1.7
2.1
2.0
1.1
1.4
-.2

-1.5
-3.9
-4.7
-9.5
-11.0
-9.3
-6.8
-2.4
.1
2.6
5.7
6.1

129128.
130645.
131649.
134238.
135744.
136804.
137792.
138168.
139186.
140656.
141597.
142169.

198 2 - J A N . . . . |
—FEB.. . . ]
—BAR.... |
— APB. . . . |
— BAY. . . . |
-JON....J
-JOL....j
-AOG
1
—SEP....j
-OCT
1
-NOT....*
-DEC
|

11245.
11018.
10799.
10404.
10019.
9682.
9204.
8902.
84287911.
7519.
7129.

-129.
-227.
-219.
-394.
-385.
-338.
-478.
-302.
-474.
-516.
-393.
-390.

1636.
1352.
1001.
583.
158.
-408.
-1136.
-1683.
-2448.
-3201.
-3828.
-4246.

-1. 1
-2.0
-2.0
-3.7
-3.7
-3.4
-4.9
-3.3
-5.3
-6. 1
-5.0
-5.2

17.0
14.0
10.2
5.9
1.6
-4.0
-11.0
-15.9
-22.5
-28.8
-33.7
-37.3

79.0
77.6
75.8
73.7
71.4
69.0
66.3
64. 1
61.2
58.0
55.7
53-0

-1.3
-1.8
-2.3
-2.8
-3.1
-3.4
-3.9
-3.3
-4.6
-5.1
-4.0
-4.8

6.1
4.9
1.8
.7
-1.7
-6.5
-11.6
-16.3
-21.7
-26.5
-30.5
-33.7

142371.
141982.
142491.
141196.
140266.
140333.
138778.
138824.
137778.
136292.
134967.
134466.

6758.
6423.
5994.
5676.
5444.
5176.
5024.
49274852.
4782.

-371.
-334.
-429.
-318.
-232.
-268.
-152.
-96.
—76.
-69.

-4488.
-4595.
-4805.
-4729.
-4575.
-4506.
-4181.
-3975.
-3576.
-3129.

-5.2
-4.9
-6.7
-5.3
-4. 1
-4.9
-2.9
-1.9
-1.5
-1.4

-39.9
-41.7
-44.5
-45.4
-45.7
-46.5
-45-4
-44.7

51.2
49.5
47.3
45.4
44. 1
42.5
41.2
40.3
39.5
38-9

-3.5
-3.3
-4.5
-4.0
-2.8
-3.7
-2-9
-2.2
-2.1
-1.5

-35.2
-36.3
-37.6
-38.4
-38.3
-38.5
-37.8
-37. 1
-35.5
-33.0

132050.
129846.
126821.
125069.
123458.
121911.
121815.
122187.
122907.
122947.

1983-JAN....I
-FEB....|
— BA B . . . . |
— APH. . . — |
-BAY.... J
-JON....j
-JOL
1
-AOG.-.. J
—SEP. . . — J
-OCT.
1
J . .




-42.4

-39.6

11.2
12.7
10.9
10.5

10.0

9.9
10.3

10.0
9.4

8.6

8.8
6. 1
5.8

6.2

6.6

6.4
6.4

8.8
10. 1

10.9

11.6

13. 1
14.0
13. 1
13.4
15.2
17. 1
16.4
17.5

18.0

16.8

16.5
15.7
17.0
16.5
17.3
17.0
14.9
13.0

13. 1
12.4
11.4

12.8

12.5
12.4
11-2
10.5
10.3
10.7
11.3
11.5
10.3
8.7

8.2
5.2
3.3

2.6
.7
.5

-1.0

-3. 1
-4.7
-5.4

-7.2
-8.5
-11.0
-11.4

-12.0

-13. 1
-12.2
-12.0

-10.8
-9.8

TABLE 2 2 3 . 1 8

FEDERAL LAND BANKS
LOANS CLOSED AND NIB BONEI LOANED
.LOANS CLOSED
BONTH

1 BILLIONS |
PERCENTAGE CHANGE
OF
1
FROM PREVIOUS
DOLLARS *
TEAR
1. — 8 9 1 7 8

J
AS PERCENTAGE OF
1
|LOANS O 0 T REPAY1 STANDING*
MENTS

BILLI01S I
OF
I
DOLLARS 1
1

PERCENTAGE CHANGE
FROM PREVIOUS
MONTH

|
AS PERCENTAGE CP
1
|LOANS OUTHBPAY-

1976-JAN...»|
-FEB....#
—MAE....|
-APR....;
-MAI. . . . J
-JON....*
- JOL. . . . |
-AUG.... |
-SEP....j
-OCT.... j
-NOV.... |
—DEC.... |

393.
347.
528.
436.
364.
405.
367.
321.
323.
314.
351.
438.

4.8
-11.7
52.1
-17.3
-16. 7
11.4
-9.4
-12.6
.8
-3.0
11.8
24.8

-1.3
1
20. 1
10.0
-4.1
8.7
10.9
11.2
4. 1
-1.9
33.7
16.7

2.5
2.1
3.2
2.6
2.1
2.4
2.1
1.8
1.8
1.7
1.9
2.4

264.
337.
478.
432.
449.
503.
466.
442.
407.
382.
330.
309.

325.
283.
441.
347.
294.
324.
298.
256.
255.
248.
279.
345.

4.2
-13.1
56.0
-21.2
-15.3
10.2
-8.0
-14.1
-.3
-3.0
12.6
23.9

-2.8
-1.8
19.9
6.7
-6.5
5.9
10.4
6.3
2.7
-6.2
35.5
10.7

2.0
1.7
2.7
2.1
1.7
1.9
1.7
1.5
1.4
1.4
1.5
1.9

218.
275.
399.
344.
363.
402.
379353.
322.
301.
263.
244.

1977-JAN....*
-FEB....1
— MA B . . . . |
—APR....|
— HA Y e n . . |
— JU N. . . . |
-JOL. . . . 1
-AUG. . . . |
-SEP....J
-OCT
\
-NOV.... |
-DEC....J

464.
429.
679.
521.
518.
506.
492.
403.
380.
359.
419.
449.

6.0
-7.4
58. 1
-23.2
-.6
-2.4
-2-7
-18.2
-5.7
-5.6
16.8
7.2

18.0
23.8
28.7
19.4
42.5
24.9
34.1
25.6
17.5
14.4
19.5
2.6

2.5
2.3
3.6
2.7
2.6
2.5
2.4
2.0
1.8
1.7
2.0
2.1

223.
367.
475.
476.
458.
404.
374.
435.
516.
389.
340.
304.

376.
346.
552.
404.
405.
399.
382.
310.
289.
275.
324.
356.

8.9
-8.0
59.4
-26.8
.3
-1.6
-4.2
-18.9
-6.6
-4.8
17.7
9.7

15.7
22.5
25.2
16.3
37.6
23.0
28.1
21.0
13.3
11.2
16.3
3.0

2.0
1.9
2.9
2.1
2.1
2.0
1.9
1.5
1.4
1.3
1.5
1.7

181.
296.
386.
368.
358.
318.
291.
335.
393.
299.
263.
241.

1978-JAN. . . „ ]
—FEB...u |
-MAR....*
-APR....*
-MAI....*
-JON...., J
-JUL.....)
—AUG... . *
-SEP....*
-OCT... . |
—HOv.... *
-DEC....*

503.
433.
619.
492.
571.
560.
462.
481.
455.
486.
470.
483.

12.0
-13.9
42.9
-20.5
16.0
-1.9
-17.5
4. 1
-5.4
6.8
-3.2
2.7

8.4
.8
-8.8
-5. 6
10. 1
10.6
-6.2
19.3
19.8
35.5
12.3
7.6

2.3
2.0
2.8
2.2
2.5
2.5
2.0
2.1
1.9
2.0
1.9
2.0

247.
360.
406.
381.
447.
473.
453.
474.
524.
430.
380.
271.

409.
344.
491.
376.
454.
442.
366.
385.
348.
385.
374.
386.

15.0
-16.0
42.8
-23.4
20.7
-2.5
-17.3
5.1
-9.5
10.7
-3.0
3.2

8.8
-.7
-11.1
-6.9
12.0
10.9
-4.3
24.1
20.3
39.9
15.2
8.4

1.9
1.6
2.2
1.7
2.0
1.9
1.6
1.6
1.5
1.6
1.5
1.6

201.
286.
322.
291.
356.
374.
359.
379.
401.
341.
302.
216.

1979—JAN.. * . *
-FEB..... |
-MAR....*
-APR....*
-MAI....*
-JU N
J
—JUL...o *
— AO G. . . . |
-SEP....*
-OCT....*
—NOV.... |
-DEC....*

734.
531.
799.
733.
790.
748.
657.
692.
525.
691.
685.
807.

52.0
-27.7
50.5
-8.2
7.8
-5.4
-12.0
5.2
-24.2
31.7
-.9
17.8

46.1
22.6
29.1
49.0
38.5
33.5
42.3
43.9
15.3
42.2
45.6
67.0

3.0
2.1
3.2
2.8
3.0
2.8
2.4
2.5
1.9
2.4
2.4
2.8

338.
432.
507.
535.
604.
640.
535.
640.
618.
604.
517.
461.

602.
428.
651.
580.
618.
597.
520.
554.
412.
543.
532.
642.

56.2
-29.0
52.1
-10.8
'
6.4
-3.4
-12.9
6.5
-25.6
31.8
-2.0
20.6

47.2
24.4
32.6
54.4
36.2
34.9
42.1
44.0
18.4
40.9
42.5
66.5

2.4
1.7
2.6
2.2
2.3
2.2
1.9
2.0
1.5
1.9
1.8
2.2

277.
348.
413.
423.
472.
511.
423.
512.
485.
475.
402.
366.

1980-JAN....J
-FEB....J
-MAR.....*
-APR...,|
-MAI....*
-JON....*
-JOL.. . . |
— AU G. . . » *
—SEP . . • « * !
-OCT....,*
-NOV.....*
-DEC
*

970.
856.
1074.
1129.
1010.
803.
736.
522.
568.
629.
544.
777.

20.3
-11.8
25.4
5.1
-10.5
-20.5
-8.3
-29. 1
8.8
10.7
-13.5
42.8

32.1
61.4
34.4
54.0
27.8
7.4
12.0
-24.5
8.3
-9.0
-20.6
-3.7

3.3
2.8
3.5
3.6
3.1
2.4
2.2
1.5
1.6
1.8
1.5
2.2

404.
658.
764.
993.
1041.
799.
632.
620.
531.
528.
467.
456.

782.
702.
904.
935.
827.
627.
603.
423.
453.
502.
435.
648.

21.9
-10.2
28.8
3.4
-11.6
-24.1
-3.9
-29.8
7.0
10.9
-13.3
48.9

29.9
64.2
38.9
61.1
33.8
5.1
16.0
-23.6
9.9
-7.5
-18.2
1.0

2.6
2.3
2.9
3.0
2.5
1.9
1.8
1.2
1.3
1.4
1.2
1.8

326.
539.
643.
822.
852.
624.
518.
502.
424.
422.
374.
381.

1981-JAN....*
—MAR....*
-APR....]
—MAT.... *
-JUN....|
-JUL... . j
-AUG....*
-SEP....*
-OCT.... |
-NOV....*
-DEC....*

961.
913.
1206.
1152.
1050.
1032.
986.
768.
858.
866.
778.
804.

23.7
-5.0
32. 1
-4.4
-8.9
-1.8
-4.4
-22.1
11.8
.9
-10.1
3.3

-1.0
6.6
12.3
2.1
4.0
28.4
33.9
47.0
51. 1
37.7
43.1
3.6

2.7
2.5
3.2
3.0
2.7
2.6
2.4
1.9
2.1
2.1
1.8
1.9

416.
726.
819.
820.
875.
930.
867.
970.
961.
866.
697.
404.

793.
719.
989.
929.
869.
824.
803.
626.
676.
699.
622.
645.

22.4
-9.3
37.5
—6.0
-6. 5
-5.2
-2.5
-22.0
7.9
3.5
-11.1
3.7

1.4
2.5
9.4
—.6
5.1
31.3
33.2
47.9
49.2
39.2
42.8
-.5

2.2
2.0
2.7
2.4
2.2
2.1
2.0
1.5
1.6
1.7
1.5
1.5

343.
572.
671.
661.
724.
742.
706.
791.
756.
700.
556.
324.

1982-JAN.... |
-FEB....*
-MAR.... |
—APR..... *
-MAI....*
-J0N...W*
-JUL....*
—AUG...»|
-SEP....*
-OCT
*
-NOV... . *
-DEC....*

832.
686.
986.
758.
665.
694..
508.
466.
384.
349.
386.
415.

3.4
-17.5
43.8
-23.2
-12. 3
4.4
-26.7
-8.4
-17.6
-9.0
10.5
7.5

-13.5
-24.9
-18.2
-34.2
-36.7
-32.7
-48.4
-39.3
-55.3
-59.7
-50.4
-48.4

1.9
1.6
2.2
1.7
1.5
1.5
1. 1
1.0
.8
.7
.8
.9

325.
482.
555.
484.
524.
529.
396.
349.
248.
244.
202.
173.

661.
541.
790.
589.
516.
552.
396.
368.
292.
277.
309.
316.

2.6
-18.2
45.9
-25.5
-12.3
7.0
-28.3
-6.9
-20.7
-5.2
11.7
2.1

-16.6
-24.8
-20.2
-36.7
-40.6
-33.0
-50.7
-41.2
-56.8
-60.4
-50.2
-51.0

1.5
1.2
1.8
1.3
1.1
1.2
.9
.8
.6
.6
.7
.7

259.
381.
444.
376.
406.
421.
308.
276.
188.
194.
162.
131.

1983-JAN..... |
— FEB. . . . *
— MAR.. . . |
-APR....*
-MAI....*
—JUN. . . . 1
-JUL.... *
-AUG.
*
-SEP.. a. |
-OCT.
1

460.
351..
557.
440.
434.
426.
356.
369.
308.
280.

10.9
-23.6
58.5
-21.0
-1.4
-1.8
-16.4
3.8
-16.5
-9.2

-44.7
-48.8
-43.5
-42.0
-34.8
-38.6
-30.0
-20.7
-19.7
-19.8

1.0
.7
1.2
.9
.9
.9
.7
.8
.6
.6

126.
170.
187.
195.
187.
218.
175.
169.
203.
143.

355.
274.
443.
350.
333.
313.
277.
290.
241.
210.

12.4
-22.9
61.8
-20.9
-5.0
-5.9
-11.6
4.6
-16.7
-12.7

-46.3
-49.4
-43.9
-40.5
-35.5
-43.2
-30.0
-21.4
-17.4
-24.0

.8
.6
.9
.7
.7
.7
.6
.6
.5
.4

97.
132.
149.
155.
143.
161.
136.
132.
159.
107.

* LOANS OUTSTANDING AT END OF PRECEDING MONTH.




18
TABU 2 2 3 . 2 8

FEDERAL LAID BAIKS
LOAMS CLOSED AID 1 1 1 B O W LOAIED
S E A S O I A L L T - A D J I S M D A I I D A L BATE

1976-JAM...
-FEB...
-BAR...
-APR...
-BAT...
-JOB...
—JOL...
-AOS...
-SEP...
-OCT...
-NOV..
-DEC...

MILLIONS |
OF
|
DOLLARS |„
__L

I
.1
-I
-I
-I
li
• I
-I
-I
• I
-I
-I
I
• I
.1
-I
-I

*33*.
*475.
4829.
4695.
3892.
4548.
4567.
*416.
4619.
4444.
4886.
5395.
5161.
5531.
6157.
5603.
5474.
5644.
6167.
5533.
5498.
5124.
5904.
5535.

1977-JAM..
-FEB..
-MAR..
-APR..
-MAI— . 1
-JO 8.. -I
-JOL... - I
-AOS.. -I
- S E P . . «»I
-OCT.. .1
-NOV.. - i
-DEC... » I
I
1978-JAM.. - I
-FEB.. -I
-MAR... - I
-APR.. -1
-MAI.
-I
—JO M. . . . I
-JOL. --I
-AUG. . . . I
-SEP..
-OCT..
-MOV.. : : !
-DEC.. . . i
i
1979-JAM.. . . i
-FEB..
-MAR.. . . i
-APR.. • o ]
-MAI.. •» I
-JO*. . . . I
—JOL.. . . I
-AOS... * • 1
- S E P . . •» 1
-OCT..
-NOV.. • • I
-DEC.. - . 1

8382.
8338.
9314.
7756..
9846.
9742.
10135.

1 9 8 0 - J AM...
-FEB.. • • I
-MAR..
-APR.. - . 1
-MAI.. • m I
- J O M.. • «I
-JOL.. •• I
-AOS.. •« I
-SEP..
-OCT..
-NOV..
-DEC...
1981-JAM.
-FEB. - - I
-MAR. . . I
-APR. • • I
-MAI. . . ™ |
-JON. . . . I
-JOL.
-AOS.
-SEP.
-OCT.
-MOV.
-DEC.

...|

1982—JAN.
-FEB.
-MAR.
-APR.
-MAI.
—JOM.
-JOL.
-AOS.
-SEP.
- O C T!.
. ...
-MOV
-DEC,

IBB BOBBt LOABBD

L O A I S CLOSID

I
I
I
I
|

•. . |
... |
... |
... |
... |
|

1 9 8 3-JAM.
-FEB. . . . I
-MAR,
-APR.
-MAI. . . . I
-JOM.
-JOL.
-AUG.
-SEP.
-OCT.

5594.
5537.
5604.
5253.
5982.

6260.
5823.
6553.

6666.
6934.
6662.

6012.

P B 1 C R I T A G 1 CHARGE
FROM PREVIOUS
J&1SJL.

AS PERCBRTAGE OF
LOARS OOT-

m *

.2

18.3

27.
27.
29.

-17.1
16.9
.4
-3.3
4.6
-3.8
9.9
10.4

-4.6
6.9

23.
27.

-4.3
7.2
11.3
-9.0
-2.3
3. 1
9.3
-10.3

19.1
23.6
27.5
19.4
40.7
24. 1
35.0
25.3
19.0
15.3

28.

2.6

26.

1. 1

8.4

26.

1.2

-9.0
-6.3
9.3
10.9
-5.6
18.4

-6. 6
3.2
7.9

-2.8

—.6

—6. 8
15.2
-6.2

-1.0

—6. 3
13.9
4.6
-7.0
12.5
1.7
4.0
-3.9
-9.8

-.0

10.0

10.6

12.3
5-3
-.9
34.9
16.3

20.8

.1

21.2

35.3
12.9

8.6

28.
26.
25.

26.
25.
27.
29.

29.
32.
29.

28.
28.
31.
27.
27.
25.

28.

25.
25.
24.
27.

28.
25.

28.
28.
29.

28.
25.

RBPAIJ U 2 L

MILLIONS |

or

i

DOLLARS 1„
L

PERCENTAGE CBA1GB
FBOB PRBVIOOS
J&lXfi-

TEAB

AS PBBCBRTAGE OF
LOANS OOTSTAMDIMG*

RBPAIMEMTS

*25.
363.
410.
376.
361.
406.
403.
38*.
329.
371.
377.
412.

3*91.
3610.
*0*3.
3770.
3152.
36*2.
3731.
3526.
3716.
3537.
3880.
*263.

-9.5
3.*
12.0
-6.7
-16.*
15.6
2.*
-5.5
5.4
-4.8
9.7
9.9

-1.*
-1.8
18.5
7.1
-6.9
3.9
9.2
6.1
4.8
-5.2
37.5
10.5

22.
22.
25.
23.
19.
21.
22.
20.
21.
20.
21.
23.

3*2.
293.
3*3.
302.
292.
325.
329.
307.
265.
295.
299.
326.

359.
393.
412.
417»
365.
327.
329.
377.
419.
382.
385.
406.,

*086.

**06.

-4.2
7.9
13.6
-12.6
-2.5
4.2
7.2
-11.2
1.0
-7.4
15.5
-3.9

17.0
22.2
23.9
16.2
35.6
22.3
28.0
20.4
15.3
12.2
18.2
3.3

22.
23.
26.
23.
22.
22.
24.
21.
21.
19.
22.
21.

284.
313.
335.
326.
285.
258.
255.
289.
327.
296.
299.
323.

395.
378.
356.
333.
356.
386.
407.
409.
426.
420.
427.
363.

4455.
4345.
4432.
4041.
4735.
4964.
4586.
5239.
5229.
5552.
5343.
4818.

1.1
-2.5
2.0
-8.8
17.2
4-9
-7.6
14.2
-.2
6-2
-3.8
-9.8

9.0
-1.5
-11.5
-7.8
10.8
11.5
-4.0
23.*
22.0
39.8
16.5
9.4

21.
20.
20.
18.
21.
22.
20.
23.
22.
23.
22.
20.

315.
297.
281.
256.
282.
306.
321.
327.
334.
336.
342.
291.

540.
448.
447.
468.
476.
518.
487.
551.
507.
591.
574.

620.

6541.
5387.
5850.
6175.
6*07.
6778.
6556.
7446.
6246.
7808.
7652.
8097.

35.8
-17.7
8.6
5.6
3.8
5.8
-3.3
13.6
-16.1
25.0
-2.0
5.8

46.8
24.0
32.0
52.8
35.3
36.5
42.9
*2.1
19.4
40.6
43.2
68.1

26.
21.
23.
24.
24.
25.
24.
27.
22.
28.
27.
28.

434.
358.
361.
372.
369.
419.
383.
440.
408.
469.
451.
495.

649.
676.
678.
868.
825.
637.
584.
528.
440.
514.
512.
614.

8476.
8864.
8064.
9805.
8637.
7209.
7660.
5618.
6880.
7204.
626*.
8205.

4.7
4.6
-9.0
21.6
-11.9
-16.5
6.3
-26.7
22.5
4.7
-13.0
31.0

29.6
64.5
37.9
58.8
34.8
6.3
16.8
-24.5
10.2
-7.7
-18.1
1.3

28.
29.
26.
31.
27.
22.
23.
17.
20.
21.
18.
23.

515.
551.
561.
719.
669.
509.
476.
427.
360.
412.
414.
514.

673.
749.
729.
719.
692.
727.
803.

8621.

9131.
8723.
9635.
9163.
9573.
10224.
8230.
10254.
10077.
8920.
8142.

5.1
5.9
-4.5
10.5
-4.9
4.5
6.8
-19.5
24.6
-1.7
-11.5

1.7
3.0
8.2
-1.7
6.1
32.8
33.5
46.5
49.0
39.9
42.4

2425.
23.
25.
24.
24.
26.
20.
25.
24.
21.

550590.
584.
576.
567.
602.
652.
667.
654.
683.
609.

**10.

5009.
4381.
*273.
*45*.
4777.
4244.
4286.
3970.
*587.

35.3
-17.0
7.5
7. 1
6.4
1.5
-.5
11.7
-16.7
27.0
-1. 1
4.0

45.4
21.9
29.4
47.9
38- 1
33.9
43.2
42.1
16.3
42.0
46.2
68.6

33.
27.

10685.
10865.
9750.
11846.
10645.
9016.
9391.
6949.
8422.
8970.
7750.
9817.

5.4
1.7
-10.3
21.5
-10. 1
-15.3
4.2
-26.0

31.4

12.6

36.
36.
31.
37.
33.
27.
28.

-25.4

8.6

25-

6.5
-13.6
26-7

-8,. 9
-20.5
-3..1

10563.
11587.
10888.
12018.
11180.
11562.
12596.

— 1.1

12752.
12444.
11083.
10171.

7.6
9.7
-6.0
10.4
-7.0
3.4
9.0
-19.6
25.9
-2-4
-10.9
-8.2

23.

814.
844.
756.
540.

9145.
8720.
8833.
7878.
7185.
7777.
6481.
6108.
5699.
5057..
5*80.
5247.

-10.1
-4.7
1.3
-10.8
-8.8
8.2
-16.7
-5.8
-6.7
-11.3
8.4
-4.2

-13.4
-24.7
-18.9
-34.4
-35.7
-32.7
-48.5
-39.7
-55.3
-59.4
-50.6
-48.4

21.
20.
20.
17.
16.
17.
1*.
13.
. 12.
11.
12.
11.

530.
499.
495.
*24.
420.
410.
365.
293.
212.
236.
218.
229.

7211.
6916.
6895.
6055.
5520.
6462.
5023.
4814.
4414.
4007.
4426.
3977.

-11.4
-4.1
-.3
-12.2
-8.8
17.1
-22.3
-4. 1
-8.3
-9.2
10.5
-10.2

-16.4
-24.3
-21.0
-37.2
-39.8
-32.5
-50.9
-41.5
-57.0
-60.2
-50.4
-51.2

16.
16.
15.
13.
12.
14.
11.
10.
9.
9.
9.
8.

418.
396.
386.
326.
322.
341.
283.
231.
164.
187.
176.
174.

5066.
4464.
4959.
4571.
4732.
4762.
4535.
4840.
4568.
4066.

-3.4
-11.9
11.1
-7.8
3.5
.6
-4.8
6.7
—5. 6
-11.0

-44.6
-48.8
-43.9
-42.0
-34.1
-38.8
-30.0
-20.8
-19.8
-19.6

11.
9.
10.
10.
10.
10.
10.
10.
10.
8.

207.
176.
167.
172.
151.
169.
160.
141.
175.
137.

3882.
3505.
3847.
3601.
3594.
3674.
3510.
3780.
3634.
3049.

-2.4
-9.7
9.8
-6.4
-.2
2.2
-4.4
7.7
-3.9
-16. 1

-46.2
-49.3
-44.2
-40.5
-34.9
-43.1
-30.1
-21.5
-17.7
-23.9

8.
7.
8.
8.
8.
8.
7.
8.
8.
6.

159.
138.
129.
135.
115.
130.
124.
110.
139.
103.

8132.
674 8.
7252.
7767.

8261..

10126.

21.2

61.0
34.5
52.5
28.9
7.6

6.6

11.7
1.5
5.0

28.2

34. 1
45.7
51.4
38.7
43.0
3.6

28.
30.
31.
31.
31.
34.

28.

35.
34.
35.

20.
26.
22.
28.
29.
31.
29.
32.
29.
29.
31.
25.
31.
30.

26.

820.

* SEASONALLT-ADJUSTED LOAMS OUTSTANDING AT END OF PRECEDIMS MONTH.




TABLE

223.3B

IEI SONET LOANED
FBOH
1
BILLIONS 1
PREVIOUS TEAR
OF
1
DOLLARS 1 BILLIONS
OF
PERCENT
1
DOLLIES
I
s

-

LOAMS CLOSED
1.
CHANGE FBOH
1
1
AS PERCENTAGE OF
I
1 MILLIONS I
PREVIOUS TEAR
J
|
OF
]
1
1 DOLLARS 1 BILLIONS
LOAMS OUTREP1ICF
1
PERCENT 1 STANDING*
i
HEMTS
1.
1. DOLLARS
|

5

TEAR
ENDING—

FEDERAL LAID BANKS
LOIRS CLOSED AMD IEI flOREI LOANED
TSBLYB-HOITH BO VI NO TOTAL

1 I S PBBCB1T1GE OF
1
1
REP A I 1 LOANS OUTRE NTS
1 STANDING*

|

197 6 - J A N
J
-FEB....*
-MAR
|
-APR
|
-MAI....#
-JUN...„#
-JUL..... j
-AUG
|
-SEP....J
—OCT... . |
-MOV
1
-DEC....!

4214.
4214.
4302.
4342.
4327.
4359.
4395.
4428.
444 0 .
4434.
4523.
4585.

210.
116.
109.
95.
62.
62.
139.,
211.
220.
211.
341.
366.

5.2
2.8
2.6
2.2
1.5
1.4
3w3
5.0
5.2
5.0
8.2
8.7

28.
28.
28.
28.
27.
27.
27.
27.
27.
26.
27.
27.

451.
433.
424.
412.
404.
400.
398.
394.
389.
385.
384.
387.

3468.
3*63.
3536.
3558.
3537.
3556.
3584.
3599.
3605.
3589.
3662.
3696.

80.
5.
3.
-8.
—38.
-39.
33.
88.
106.
90.
217.
218.

2.4
.1
.1
-.2
-1.1
-1.1
.9
2.5
3.0
2.6
6.3
6.3

23.
23.
23.
23.
22.
22.
22.
22.
22.
21.
22.
21.

371.
356.
3*8.
338.
330.
326.
324.
320.
316.
311.
311.
312.

1977-JAM....|
-FEB....!
—BAR....|
-APR....#
—JUN....J
-JOL....1
-AUG....#
-SEP....#
-OCT. . . . |
— NOV. . . . |
-DEC....#

4656.
4739.
4890.
4975.
5130.
5231.
5356.
5438.
5494.
5539.
5608.
5619.

442.
525.
588.
633.
803..
871,.
960.
1010.
1054.
1105„
1085.
1034.

10.5
12.4
13.7
14.6
18.6
20.0
21.9
22.8
23.7
24.9
24.0
22.5

27.
27.
27.
28.
28.
28.
29.
29.
29.
28.
28.
28.

374.
377.
379.
383.
385.
380.
375.
375.
381.
381.
381.
381.

3747.
3810.
3921.
3978.
4089.
4163.
4247.
4301.
4335.
4362.
44Q8.
4418.

278.
347.
385.
420.
551.
608.
664.
702.
729.
773.
746.
723.

8.0
10.0
10.9
11.8
15.6
17.1
18.5
19.5
20.2
21.5
20.4
19.6

21.
22.
22. .
22.
22.
22.
23.
23.
23.
22.
22.
22.

301.
303.
304.
306.
307.
303.
297.
297.
300.
300.
300.
299.

1978-JAM
1
-FEB.. . . |
-MAR
1
—A P R . . . a J
-HAT....#
-JUS....#
-JUL....I
-AUG
J
-SEP....J
-OCT....*
-MOV
#
-DEC
1

5658.
5662.
5602.
5572.
5625.
5678.
5648.
5726.
5801.
5928.
5980.
6014.

1002..
923.
711.
597.
495.
448.
292.
288.
307.
389.
372.
395.

21.5
19.5
14.5
12.0
9.7
8.6
5.5
5.3
5.6
7.0
6.6
7.0

28.
28.
27.
27.
27.
27.
26.
26.
26.
26.
26.
26.

384.
384.
377.
370.
370.
376.
381.
384.
386.
389.
392.
386.

4*52.
4449.
4388.
4360.
4408.
4452.
4436.
4510.
4569.
4679.
4728.
*758.

705.
639.
466.
382.
320.
289.
189.
210.
234.
317.
320.
340.

18.8
16.8
11.9
9.6
7.8
6.9
4.4
4.9
5.4
7.3
7.3
7.7

22.
22.
21.
21.
21.
21.
20.
21.
21.
21.
21.
21.

302.
302.
296.
290.
290.
295.
299.
303.
304.
307.
310.
306.

1979-JAM
J
-FEB....#
-MAR....j
— AP R. . . . #
-MAI
1
-JU M . . . . I
-JUL....#
— AUG... . |
-SEP
|
-OCT....#
-NOV....#
—DEC....#

6246.
6343.
6523.
6764.
6984.
7171.
7367.
7578.
7648.
7853.
8067.
8391.

588682.
922.
1192.
1359.
1493.
1719.
1852.
1847.
1924.
2088.
2377.

10.4
12.0
16.5
21.4
24.2
26.3
30.4
32.3
31.8
32.5
34.9
39.5

27.
27.
27.
28.
29.
29.
29.
30.
30.
30.
30.
31.

398.
403.
413.
426.
439.
452.
458.
469.
474.
486.
497.
518.

4951.
5035.
5195.
5400.
5564.
5719.
5872.
6042.
6106.
6263.
6422.
6678.

500.
586.
808.
1040.
1156.
1267.
1437.
1531.
1536. .
1584.
1693.
1920.

11.2
13.2
18.4
23.9
26.2
28.4
32.4
33.9
33.6
33.9
35.8
40.4

21.
21.
22.
22.
23.
23. .
23.
24.
24.
24.
24.
25.

315.
320.
329.
340.
350.
360.
365.
374.
378.
388.
395.
412.

1980—JAN....#
-FEB.... J
-MAR.... j
-APR..-. 1
-MAT....#
-JUM....#
-JUL....#
-AUG
|
-SEP
1
-OCT....#
-MOV
i
-DEC...m|

8627.
8953.
9228.
9624.
9844.
9899.
9978.
9809.
9852.
9790.
9649„
9619.

2382.
2610.
2705.
2860.
2860.
2728.
2611.
2231.
2204.
1937.
1582.
1228.

38.1
41.1
41.5
42.3
41.0
38.0
35.4
29.4
28.8
24.7
19.6
14.6

32.
32.
33.
33.
34.
33.
3332.
31.
31.
30.
29.

525.
542.
565.
598.
624.
635.
642.
641.
635.
629.
626.
626.

6858.
7133.
7386.
7741.
7950.
7980.
8063.
7933.
7974.
7933.
7836.
7842.

1907.
2097.
2190.
2341.
2386.
2262.
2191.
1891.
1868.
1670.
1414.
1164.

38.5
41.6
42.2
43.3
42.9
39.5
37.3
31.3
30.6
26.7
22.0
17.4

25.
26.
26.
27.
27.
27.
27.
26.
25.
25.
24.
24.

417.
432.
452.
481.
504.
512.
519.
519.
514.
510.
509.
511.

1981-JAN... . |
—FEB... . #
-MAR..,..|
-APR....]
— HA T. ••. . #
-JUM...., #
-JUL.... 1
—AUG....|
-SEP.... j
-OCT
1
-MOV....I
-DEC....#

9610.
9666.
9798.
9822.
9862.
10090.
10340.
10585.
10876.
11113.
11347.
11375.

982.
713.
570.
198.
18.
191.
362.
777.
1024.
1322.
1698.
1756.

11.4
8.0
6.2
2.1
.2
1.9
3.6
7.9
10.4
13.5
17.6
18.3

29.
28.
28.
28.
28.
28.
28.
28.
29.
29.
29.
29.

629.
635.
641.
631.
625.
635.
652.
669.
695.
719.
737.
725.

7853.
7870.
7955.
7950.
7992.
8188.
8389.
8591.
8814.
9011.
9198.
9194.

995.
738.
569.
209.
43.
208.
325.
658.
840.
1078.
1361.
1352.

14.5
10.3
7.7
2.7
.5
2.6
4.0
8.3
10.5
13.6
17.4
17.2

23.
23.
23.
23.
22.
23.
23.
23.
23.
23.
24.
23.

514.
517.
520.
511.
506.
515.
529.
543.
564.
583.
597.
586.

1982-JAM
#
-FEB....#
— MAR... . J
-APR.. . . #
— HA I . . . . #
-JU I
j
-JUL....#
-AUG
1
-SEP....#
—OCT. . . . 1
-MOV....#
-DEC.W..I

11245.
11018.
10799.
10404.
10019.
9682.
9204.
8902.
8428.
7911.
7519.
7129.

1636.
1352.
1001.
583.
158.
-408.
-1136.
-1683.
-2448.
-3201.
-3828.
-4246.

17.0
14.0
10.2
5.9
1.6
-4.0
-11.0
-15.9
-22.5
-28.8
-33.7
-37.3

28.
27.
26.
25.
23.
22.
21.
20.
19.
18.
17.
16.

706.
684.
658.
628.
602.
575.
542.
508.
464.
425.
388.
360.

9062.
8884.
8685.
83*4.
7990.
7719.
7311.
7053.
6669.
6247.
5935.
5606.

1209.
1014.
729.
394.
-2.
-470.
-1077.
-1538.
-2145.
-2764.
-3263.
-3588.

15.4
12.9
9.2
5.0
-.0
-5.7
-12.8
-17.9
-24.3
-30.7
-35.5
-39.0

22.
22.
21.
20.
19.
18.
17.
16.
15,
14.
13.
12.

569.
552.
530.
504.
480.
459.
431.
403.
367.
336.
306.
283.

1983-JAM....#
-FEB....#
-BAR....#
-APR.... |
-HAT....#
—JU M. . . . #
-JUL.... |
-AUG....#
—SEP. . . . #
—OCT . . . « » #
1

6758.
6423.
5994.
5676.
5444.
5176.
5024.
4927.
4852.
4782.

-4488.
-4595.
-4805.
-4729.
-4575.
-4506.
-4181.
-3975.
-3576.
-3129.

-39.9
-41.7
-44.5
-45.4
-45.7
-46.5
-45.4
-44.7
-42.4
-39.6

15.
14.
13.
12.
12.
11.
11.
10.
10.
10.

323.
298.
263.
242.
222.
206.
194.
184.
182.
176.

5300.
5032.
4686.
4447.
4264.
4026.
3907.
3828.
3777.
3711.

-3763.
-3852.
-3999.
-3896.
-3726.
-3693.
-340*.
-3225.
-2892.
-2536.

-41.5
-43-4
-46.0
-46.7
—46. 6
-47.8
-46.6
-45.7
-43.4
-40.6

11.
11

254.
234.
206.
190.
174.
160.
151.
143.
141.
136.

* AVERAGE LOANS OUTSTANDING DURING THE PRECEDING TWELVE MONTHS (AVERAGE OP END-OF-MONTH DATA).




,

-

10.
109.
9.
8.
8.
8.
8.

20
TABLE 2 2 4 . 1 M

FEDEBAL LAND BANKS
BEFINANCING AMD BEPAYMEBTS
BEPATBEIIS

REFINANCING OF FEDEBAL LAND BANK LOANS
MONTH

1
MILLIONS 1
OF
I
DOLLABS 1

|

PERCENTAGE CHANGE
FBOH PREVIOUS
MONTH

YBAB

1
AS PBBCENTAGE OF
1
REPAYMENTS
| LOANS OUTLOANS
AND
|
STANDING*
CLOSED
BEFINANCING
1

1
MILLIONS 1
OF
|
DOLLABS |
1

PERCENTAGE CHANGE
FBOH PBEVIOUS
MONTH

YBAB

1
AS
| PEBCENTAGE
|
OF
| LOANS OUT1 STANDING*

1976-JAN....
-FEB....
-MAB....
~ APB. . . «
-MAY....
- J U N. . . *
"JUL....
—AUG....
-SEP....
—OCT...o
- NOV. . . .
—DEC...#

68.
64.
87.
89.
69.
81.
69.
65.
66.
66.
72.
92.

8.0
-5.2
35.2
2.5
-22.1
16.5
-14.9
—6. 1
5.0
-2.7
8.8
28.3

6.9
8.0
21.3
25.3
8.0
21.5
13.3
36.4
9.5
18.5
27.2
46.6

.4
.4
.5
.5
.4
.5
.4
.4
.4
.4
.4
.5

17.
19.
16.
20.
19.
20.
19.
20.
21.
21.
20.
21.

31.
38.
44.
47.
46.
50.
47.
47.
46.
45.
40.
39.

149.
103.
110.
101.
81.
81.
79.
73.
79.
82.
106.
142.

10.0
-31.0
7.4
-8.5
-19.8
-.5
-2.2
-7.9
9.3
3.5
29.2
33.3

10.6
60.6
61.9
58.3
28.6
32.9
23.7
36.4
25.4
17.2
32.2
4.5

.9
.6
.7
.6
.5
.5
.5
.4
.4
.5
.6
.8

1977-JAN....
-FEB....
— MAB. . « .
-APB....
-MAY....
-JUN..„.

88.
83.
127.
117113.
107.
110.
93.
90.
83.
95.
93.

-4.9
-4.9
52.6
-7.6
-3.5
-5.3
2.6
-15.4
-2.8
-8.0
13.7
-1.5

29.1
29.5
46.2
31.8
63.2
32.8
60.0
44.1
33.3
26. 1
31.7
1.1

.5
.4
.7
.6
.6
.5
.5
.5
.4
.4
.4
.4

19.
19.
19.
23.
22.
21.
22.
23.
24.
23.
23.
21.

30.
42.
47.
52.
50.
46.
46.
50.
55.
47.
43.
39.

208.
117.
143.
110.
113.
125.
132.
93.
74.
92.
123.
148.

46.7
-43.6
22.1
-23.3
3.3
10.6
5.0
-29.6
-20.5
25.3
33.6
20.0

39.3
13.8
29.5
8.6
39.9
55.6
67.0
27.6
-7.3
12. 1
15.9
4.4

1.1
.6
.8
.6
.6
.6
.7
.5
.4
.4
.6
.7

1978-J A N . . . .
-FEB....
-MAB....
-APB....
-MAY....
-JON... .
-JUL....
-AUG....
-SEP....
-OCT....
-NOV....
-DEC....

93.
89.
128.
116.
117.
117.
96.
96.
107.
101.
97.
98.

.3
-4.4
43.6
-9.4
-8
.2
-18.2
. 1
11.3
-6.0
-4.0
1.0

6.6
7.2
.9
-1.0
3.5
9.4
-12.7
3.3
18.2
20.8
2.1
4.7

4
.4
.6
.5
.5
.5
.4
.4
.5
.4
.4
4

19.
21.
21.
24.
21.
21.
21.
20.
24.
21.
21.
20.

31.
43.
46.
47.
48.
50.
49.
49.
55.
47.
44.
35.

203.
120.
152.
129.
128.
118.
102.
102.
87.
113.
124.
178.

37.7
-40.9
26.7
-15.2
-1.3
-7.2
-13.9
-.4
-14.4
30.2
9.6
43.9

-2.0
2.7
6.6
17.9
12.6
—5. 6
-22.5
9.7
18. 1
22.7
.6
20.7

.9
.6
.7
.6
.6
5
.4
.4
.4
.5
5
.7

1979-JAN....
-FEB....
— MAB....
— APB..•v
-MAY...*
-JUN....
—JUL....
-AUG...u
—SEP.. . o
-OCT....
-NOV....,
-DEC. . . u

132.
103.
148.
153.
173.
151.
138.
138.
113.
148.
152.
165.

35.5
-22.1
43.8
3.1
13.0
-12.7
-8.5
.3
-18.5
31. 1
3. 1
8.3

41.4
15.3
15.5
31.4
47.2
28.3
43.5
43.7
5.3
47.0
57.8
69.2

.5
.4
.6
.6
.7
.6
.5
.5
.4
.5
.5
.6

18.
19.
19.
21.
22.
2021.
20.
21.
21.
22.
20.

38.
46.
48.
53.
57.
56.
53.
56.
57.
56.
53.
49.

217.
123.
158.
137.
131.
117.
123.
108.
85.
114.
133.
175.

21.9
-43.4
28.3
-13.1
-4.6
__ - 1 0 . 7
5.3
-12.1
-21.5
34.8
15.9
32.2

6.9
2.3
3.6
6. 1
2.5
-1.3
20.7
6.5
-2.3
1. 1
7.0
-1.7

.9
.5
.6
.5
.5
.4
.5
.4
.3
.4
.5
.6

1980—JAN....
-FEB....
—MAB....
-APB.*..
-MAY....
-JUN... .
-JUL....
-AUG....
-SEP....
-OCT....
-NOV
-DEC....

188.
154.
170.
194.
184.
176.
133.
99.
115.
127.
109.
129.

14. 1
-18. 1
10.0
14. 1
-5.3
-4.3
-24.0
-25.8
16.2
9.9
-14.2
18.5

42.5
49.9
14.6
26.9
6.4
16.7
-3.1
-28.3
2.2
-14.3
-28.7
-22.0

.6
.5
.6
.6
.6
.5
.4
.3
.3
.4
.3
.4

19.
18.
16.
17.
18.
22.
18.
19.
20.
20.
20.
17.

44.
54.
55.
63.
65.
64.
53.
54.
52.
52.
48.
43.

240.
130.
141.
11*.
97.
100.
116.
84.
107.
119.
116.
170.

37.0
-45.7
8.0
-19.2
-14.7
3.6
15.9
-27.6
26.8
11.5
-2.2
46.2

10.4
5.9
-10.8
-17.1
-25.8
-14.0
-5.3
-22.0
26.0
4.2
-12. 1
-2.8

.8
.4
.5
.4
.3
.3
.3
.2
.3
.3
.3
.5

1981—JAN....
-FEB... .
-MAB....
-APB. . . . .
-MAY....
-JUN.....
—JUL...u
-SEP....
-OCT..,.
-NOV....
-DEC....

168.
194.
217.
223.
181.
208.
183.
142.
183.
166.
157.
160.

30.4
15.4
11.9
2.8
-18.7
14.9
-12. 1
-22.6
29.0
-9.0
-5.7
1.8

-10.9
25.6
27.7
15.0
-1.3
18.4
37.0
43.0
58.7
31.4
44.4
24.2

.5
.5
.6
.6
.5
.5
.5
.3
.4
.4
.4
.4

17.
21.
18.
19.
17.
20.
19.
18.
21.
19.
20.
20.

42.
61.
60.
61.
60.
65.
62.
64.
67.
62.
58.
45.

231.
126.
147.
141.
120.
111.
114.
79.
89.
100.
112.
199.

35.7
-45.6
17.2
-4.5
-14.7
-7.5
2.5
-30.4
12.9
11.9
11.8
78.1

-3.7
-3.5
4.7
23.7
23.7
10.4
-2.3
-6. 1
-16.4
-16. 1
-4. 1
16.9

.6
.3
.4
.4
.3
.3
.3
.2
.2
.2
.3
.5

1982-JAN
-FEB.
-MAB.
-APB....
-MAX....
-JUN....
—JUL....
-AUG....
-SEP....
-OCT....
-NOV....
-DEC....

170.
145.
197.
170.
149.
142.
113.
98.
92.
72.
77.
99.

6.6
-15- 1
36. 1
-13.9
-11.9
-4.7
-20.7
-13.6
-5.6
-21.3
5.6
29.2

1.5
-25.3
-9.2
-23.9
-17.6
-31.6
-38.3
-31.1
-49.6
-56.4
-51.2
-38.1

-4
.3
.4
.4
.3
.3
.2
.2
.2
.2
.2
.2

20.
21.
20.
22.
22.
21.
22.
21.
24.
21.
20.
24.

40.
50.
53.
52.
54.
52.
47.
42.
37.
34.
29.
29.

256.
142.
178.
157.
127.
131.
129.
133.
155.
143.
191.
240.

28.5
-44.4
25.0
-11.9
-18.9
3.3
-2.0
3.9
16.1
-7.7
33.4
25.9

10.7
13. 1
20.7
11.4
5.8
18.2
13.0
68.6
73.5
43. 1
70.8
20.8

.6
.3
.4
.3
.3
.3
.3
.3
.3
.3
.4
.5

198 3 - J A N . . . .
-FEB....
— MA B. . . . .
-APB.....
-MAY.. . .
-JU N . . . .
-JUL....,
— AU G. . . .
-SEP....
—OCT. i . « .

105.
78.
114.
90.
101.
113.
79.
80.
67.
70.

6.2
-26.0
46.9
-21.4
12.6
11.7
-29.7
.9
-15.8
3.5

-38.4
-46.3
-42.0
-47.1
-32.4
-20.8
-29.9
-18.1
-26.9
-3.9

.2
.2
.2
.2
.2
.2
.2
.2
.1
.1

23.
22.
20.
20.
23.
26.
22.
22.
22.
25.

22.
27.
28.
28.
30.
37.
28.
27.
31.
26.

364.
207.
298.
225.
232.
195.
204.
219.
152.
196.

51.5
-43.2
43.8
-24.3
3.1
-16.0
4.5
7.5
-30.8
29.5

42.4
45.6
67.5
43.9
83.0
48.8
58.6
64. 1
-2. 1
37.4

.8
.4
.6
5
.5
.4
.4
.5
.3
.4

—AUG....
-SEP....
-OCT....
— NOV.. . . .
-DEC....

.

* LOAMS ODT ST All DING AT END Of PBECBDING MONTH.
•BEFINANCING OP PEDBBAL LAND BANK LOANS" I S COMPUTED AS LOANS CLOSED LESS NEB MONEY LOANED.
"REPAYMENTS" ABE COMPUTED AS NEB MONEY LOANED LESS THE CHANGE IN LOANS OUTSTANDING.




21
TABLE 2 2 4 . 2i!
FEDERAL LAID BA1RS
REFINANCING AND BBPAYMEBTS
SEASONALLI-ADJQSTBD ANNUAL BASE
REFINANCING OF FEDERAL LAND BANK LOANS
MILLIONS |
OF
J
DOLLARS 1

PERCENTAGE CHANGE
FROfl PREVIOUS

BBPAMENTS

AS PERCENTAGE OF
LOANS OUTSTANDING*

LOANS
CLOSED

REPAIHENTS
AND

— APB. • . . I
MA Y. . . . *
-JUS
|
-JUL....J
—AUG....|
-SEP....4
-OCT....|
-NOV....#
-DEC
1

795.
848.
84b.
910.
745.
893.
85 1.
887.
893.
904.
996.
1173.

1.7
6.6
-.3
7.6
-18.2
19.9
-4.7
4.2
.7
1.3
10.2
17.7

9.1
8.8
20.4
23.5
7.1
20.6
12.6
36.2
8.6
21.5
25.7
50.0

4.9
5.2
5.1
5.4
4.4
5.2
4.9
5.1
5.0
5.0
5.5
6.4

18.
19.
18.
19.
19.
20.
19.
20.
19.
20.
20.
22.

44.
41.
42.
42.
41.
44.
43.
44.
39.
43.
43.
47.

1
|
|
*
*
*
|
*
*
|
*
*
*

1977-JAN....1
—FEB. . . . |
-MAR
|
-APB...-I
—MAY....|
-JO N
|
-JUL....|
-AUG
1
-SEP.
1
-OCT...., J
-NOV
J
-DEC
J

1033.
1107.
1227.
1190.
1204.
1174.
1371.
1274.
1190.
1153.
1317.
1207.

-11.9
7.2
10.8
-3.0
1. 1
-2.5
16.8
-7. 1
-6. 6
-3. 1
14.3
-8.4

29.9
30.5
45.0
30.7
61.6
31.5
61.2
43.6
33.3
27.5
32.2
2.9

5.5
5.9
6.4
6. 1
6.1
5.9
6.8
6.3
5.8
5.5
6.3
5.7

20.
20.
20.
21.
22.
21.
22.
23.
22.
22.
22.
22.

42.
44.
45.
47.
45.
40.
42.
46.
48.
46.
46.
47.

1978-JAN.... J
-FEB..
-MAR....*
-APR
1
— HA Y . |
-JUB...„j
-JUL. .... |
- A U G . . |
-SEP.
1
—OCT.. . . J
-NOV....J
-DEC....*

1094.
1195.
1228.
1170.
1234.
1280.
1207.
1311.
1417.
1393.
1347.
1281.

-9.4
9.2
2.8
-4.7
5.5
3.7
-5.7
8.6
8.1
-1.7
-3.3
-4.9

5.9
7.9
.1
-1.7
2.6
9.0
-12.0
2.9
19.1
20.8
2.2
6.2

5.1
5.5
5.6
5.3
5.5
5.6
5.3
5.6
6.0
5.8
5.6
5.2

20.
22.
22.
22.
21.
20.
21.
20.
21.
20.
20.
21.

44.
45.
44.
43.
42.
44.
46.
45.
48.
46.
46.
44.

1979—JAN. . . . J
-FEB....J
-BAR
|
—APB...»*
—HAY.... |
-JOB..... 1
—JUL...of
-AUG...* J
-SEP..... |
—OCT....J
-NOV
|
-DEC....#

1534.
1386.
1411.
1534.
1809.
1627.
1751.
1884.
1504.
2025.
2166.
2198.

19.7
-9.6
1.7
8.8
17.9
-10.0
7.6
7.6
-20.1
34.6
6.9
1.5

40.2
16.0
14.8
31.1
46.6
27.1
45. 1
43.7
6.2
45.4
60.8
71.6

6.2
5.5
5.5
5-9
6.9
6.1
6.5
6.9
5.4
7. 1
7.5
7.5

19.
21.
19.
20.
22.
19.
21.
20.
19.
21.
22.
22.

1 9 8 0 - J A V. . . . |
—FEB. « . v 1
-HAR....I
—APR....|
-HAY.... 1
-JUN....I
-JUL....J
-AUG....|
-SEP
.J
-OCT
„1
-NOV....#
-DEC....J

2139.
2085.
1616.
1938.
1932.
1878.
1708.
1350.
1552.
1729.
1565.
1723.

-2.7
-2.6
-22.5
19.9
-.3
—2. 8
-9. 1
-21.0
15.0
11.4
-9.5
10. 1

39.5
50.4
14.6
26.3
6.8
15.4
-2.4
-28.3
3.2
-14.6
-27.7
-21.6

7.2
6.8
5.2
6.1
6.0
5.7
5.1
4.0
4.5
5.0
4.4
4.8

1981—JAN... . J
-FEB...,#
-MAR..*. |
-APR..,-!
— HAY.. . . |
-JUN....I
—JUL. . . . |
-AUG....*
—SEP.... j
-OCT.,..|
—NOV.... *
—DEC.,.. 1

1883.
2616.
2058.
2219.
1926.
2184.
2356.
1926.
2495.
2262.
2300.
2144.

9.3
38.9
-21.3
7.8
-13.2
13.4
7.9
-18.3
29.5
-9.3
1.7
-6.8

-12.0
25.5
27.4
14.5
-.3
16.3
38.0
42.7
60.7
30.8
47.0
24.4

1982—JAN....|
-FEB....*
-HAS..... |
-APB.... |
-MAY....*
-JUN...W *
-JUL.... |
-AUG....|
-SEP....|
-OCT....*
-NOV....*
—DEC....|

1892.
1956.
1862.
1678.
1609.
1477.
1454.
1320.
1271.
990.
1129.
1324.

-11.8
3.4
-4.8
-9.9
-4.1
-8.2
-1.5
-9.2
-3.7
-22.2
14. 1
17.3

1983-JAN....|
-FEB....*
— HAB. . . . |
-APB.....*
-HAY...,*
-JUN. . . . *
—JUL.... |
—AUG....*
—SEP. . . . |
—OCT....|
1

1168.
1046.
1073.
884.
1101.
1164.
1020.
1082.
930.
953.

-11.8
-10.4
2.5
-17.6
24.5
5.7
-12.3
6. 1
-14.0
2.5

197 6 - J A N

|

BILLIONS
OF
DOLLARS
,

|
|
|
1

PERCENTAGE CBANGB
FROfl PREVIOUS

I
AS
| PEBCENTAGE
.1
OF
| LOANS OUT1
STANDING*

1020.
1231.
1178.
1248.
1078.
1120.
1133.
1149.
1405.
1199.
1296.
1308.

-18.6
20.7
-4.4
5.9
-13.6
3.9
1.1
1.5
22.2
-14.7
8.1
.9

10.7
61.4
59.2
56.6
26.6
30.4
22.4
37.8
26. 1
18.6
34.8
4.4

6.3
7.6
7. 1
7.5
6.4
6.5
6.5
6.6
7.9
6.7
7. 1
7.1

*
*
*
*
*
|
*
|
*
|
|
|

1439.
1407.
1494.
1344.
1498.
1726.
1872.
1469.
1311.
1342.
1532.
1363.

10.0
-2.2
6.1
-10.0
11.4
15.2
8.4
-21.5
-10.7
2.3
14.1
-11.0

41.1
14.3
26.8
7.7
39.0
54. 1
65.2
27.8
—6. 6
12.0
18.2
4.2

7.7
7.5
7.8
6.9
7.6
8.7
9.3
7.2
6.4
6.4
7.3
6.4

1415.
1464.
1575.
1580.
1678.
1622.
1430.
1602.
1564.
1651.
1560.
1655.

3.8
3.5
7.6
.3
6.2
-3.3
-11.9
12.1
-2.4
5.6
-5.5
6.1

—1.6
4. 1
5.5
17.5
12.0
-6.0
-23.6
9.1
19.3
23.0
1.9
21.4

6.6
6.7
7.1
7.1
7.5
7.1
6.2
6.9
6.6
6.9
6.4
6.7

50.
48.
47.
48.
51.
50.
51.
53.
50.
55.
56.
57.

*
*
*
*
*
*
1
*
|
*
*
|
1
*
|
|
*
*
*
*
*
|
|
|
J

1506.
1505.
1622.
1659.
1734.
1618.
1710.
1691.
1530.
1665.
1697.
1635.

-9.0
-.1
7.8
2.3
4.5
-6.7
5.7
-1.1
-9.5
8.8
1.9
-3.7

6.4
2.7
2.9
5.1
3.3
-.3
19.6
5.5
-2.2
.8
8.8
-1.2

6.1
6.0
6.3
6.4
6.6
6. 1
6.3
6. 1
5.5
5.9
5.9
5.6

20.
19.
17.
16.
18.
21.
18.
19.
16.
19.
20.
18.

57.
56.
53.
59.
60.
57.
51.
51.
45.
50.
51.
52.

*
|
*
*
*
*
|
*
*
*
|
*

1646.
1608.
1438.
136*.
1290.
1415.
1609.
1315.
1912.
1746.
1512.
1598.

.7
-2.3
-10.5
-5.2
-5.4
9.7
13.7
-18.3
45.4
-8.7
-13.4
5.6

9.3
6.9
-11.3
-17.8
-25.6
-12.5
-5.9
-22.2
25.0
4.9
-10.9
-2.3

5.5
5.3
4.6
4.3
4.0
4.3
4.8
3.9
5.6
5.0
4.3
4.5

5.2
7. 1
5.5
5.8
5.0
5.5
5.9
4.7
6.0
5.4
5.4
4.9

18.
23.
19.
18.
17.
19.
19.
19.
20.
18.
21.
21.

55.
63.
58.
57.
54.
58.
60.
61.
61.
61.
61.
53.

*
*
*
|
*
*
|
*
|
|
*
*

1568.
1547.
1494.
1673.
1615.
1591.
1569.
1234.
1567.
1475.
1465.
1884.

-1.8
—1.4
-3.4
12.0
-3.4
-1.5
-1.4
-21.3
27.0
-5.9
-.7
28.6

-4.7
-3.8
3.9
22.6
25.2
12.4
-2.5
-6.2
-18.0
-15.6
-3. 1
17.9

4.3
4.2
4.0
4.4
4.2
4.0
3.9
3.0
3.8
3.5
3.4
4.3

.5
-25.2
-9.5
-24.4
-16.4
-32.4
-38.3
-31.5
-49.0
-56.2
-50.9
-38.2

4.3
4.4
4.2
3.7
3.5
3.2
3.2
2.9
2.7
2.1
2.4
2.8

21.
22.
21.
21.
22.
19.
22.
22.
22.
20.
21.
25.

52.
53.
51.
47.
48.
44.
45.
39.
32.
32.
31.
37.

*
|
1
1
*
*
|
*
*
|
1
*

1725.
1748.
1785.
1858.
1712.
1895.
1776.
2086.
2687.
2139.
2514.
2289.

-8.4
1.3
2.1
4.1
-7.8
10.7
-6.3
17.5
28.8
-20.4
17.5
-9.0

10.0
13.0
19.5
11.1
6.0
19.1
13.2
69.0
71.4
45.1
71.6
21.5

3.9
3.9
4.0
4.1
3.8
4.1
3.9
4.5
5.8
4.6
5.3
4.8

-38.3
-46.5
-42.4
-47.3
-31.6
-21.2
-29.9
-18. 1
-26.8
-3.6

2.5
2.2
2.2
1.9
2.3
2.4
2.1
2.3
1.9
2.0

23.
23.
22.
19.
23.
24.
22.
22.
20.
23.

32.
29.
26.
25.
26.
29.
26.
24.
26.
24.

|
|
*
|
|
*
*
J
1
*
1

2444.
2539.
2975.
266 U
3138.
2825.
2835.
3433.
2608.
2966.

6.8
3.9
17.2
-10.6
18.0
-10.0
.3
21.1
-24.0
13.7

41.7
45.3
66.7
43.2
83.3
49.1
59.7
64.6
-2.9
38.6

5.1
5.3
6.2
5.6
6.6
5.9
6.0
7.2
5.5
6.2

.

* SEASONALLY-ADJUSTED LOANS OUTSTANDING AT END OF PRECEDING MONTR.
"BBFIBABCING OF FEDERAL LAND BANK LOANS" I S COMPUTED AS LOANS CLOSED LESS NEB MONET LOANED, AND TBBN SEASONALLY ADJUSTED.
"REPAYMENTS" ABE COMPUTED AS NEB MONEY LOANED L E S S THE CHANGE I N LOANS O0TSTABDING f AND TBBB SEASONALLY ADJUSTED.




22
TABLE 2 2 4 . 3 M

FEDERAL LAND BAIKS
REFINANCING AND RBPAYBENTS
TWELVE—BOITB flOVIMG TOTAL
REPAYMENTS

REFINANCING OF FEDERAL LAND BANK LOANS

1

|

CBANGE FROM
PREVIOUS YEAS

| MILLIONS 1
OF
|
J
DOLLARS | MILLIONS
1
OF
|
DOLLARS
1
129.
746.
1976-JAN... . |
111.
751.
106.
766.
103.
784.
100.
789.
-HAY.... |
101.
80«.
-J0N....I
106.
812.
—JUL..•.|
829.
122.
-AOG....|
114.
835.
-SEP....J
845.
121.
125.
860.
-NO?
|
148.
890.
-DEC.... ]
1
163.
909.
197 7-JAN
|
177.
928.
-FEB....|
202.
969.
-MAR
,1
2
13.
9
9
7
.
-APR
|
252.
1041.
-MAI. . . o i
2
64.
1067.
-JUN.— . I
297.
1109.
-JUL....|
3
08.
1137.
-AUG....|
325.
1160.
—SEP.*.... J
3
3
2.
1
1
7
7
.
-OCT....|
339.
-NO?..... j
1200.
3
1
1
1
2
0
1
.
-DEC....i

I BAB
ENDING—

I
i

AS PERCENTAGE OF

|

J LOANS OUTPERCENT 1 STANDING*

|

LOANS
CLOSED

REPAYMENTS
AND
REFINANCING

MILLIONS |
OF
|
DOLLARS |
.

.

CHANGE FROM
PREVIOUS YEAR
MILLIONS
OF

1

J
AS
I PERCENTAGE
.1
OF
| LOANS OUTSTANDING*
PERCENT |
, 1 ,

21.0
17.3
16.0
15.2
14.5
14.3
15.0
17.3
15.8
16.8
16.9
19.9

5.0
5.0
5.0
5.0
5.0
5.0
5.0
5.1
5.0
5.0
5.1
5.2

18.
18.
18.
18.
18.
18.
18.
1919.
19.
19.
19.

44.
44.
43.
43.
42.
42.
42.
42.
42.
42.
42.
43.

934.
973.
1015.
1053.
1071.
1091.
1106.
1125.
1141.
1153.
1179.
1185.

98.
146.
195.
235.
248.
258.
267.
287.
283.
291.
302.
265.

11.7
17.7
23.7
28.7
30.1
31.0
31.8
34.3
33.0
33.7
34.5
28.8

6.3
6.4
6. 6
6. 8
6. 8
6. 8
6. 8
6.9
6.9
6.9
6.9
6.9

21.9
23.6
26.4
27.1
31.9
32.8
36.6
37.2
38.9
39.3
39.4
35.0

5.2
5.3
5.4
5.5
5.7
5.8
5.9
6.0
6.0
6.0
6. 1
6.0

20.
20.
20.
20.
20.
20.
21.
21.
21.
21.
21.
21.

42.
42.
43.
43.
44.
44.
44.
44.
45.
45.
45.
45.

1244.
1258.
1291.
1299.
1331.
1376.
1429.
1449.
1443.
1453.
1470.
1476.

309.
285.
275.
246.
261.
286.
323.
324.
302.
300.
291.
291.

33. 1
29.3
27. 1
23.4
24.4
26.2
29.2
28.8
26.5
26.0
24.7
24.6

7.1
7. 1
7.2
7.2
7.3
7.4
7.6
7.6
7.5
7.5
7. 5
7.4

1207.
1213.
1214.
1212.
1216.
1226.
1212.
1215.
1232.
1249.
1251.
1256.

297.
284.
245.
215.
175.
159.
104.
78.
72.
72.
51«
55..

32.7
30.6
25.3
21.6
16.9
14.9
9.4
6.9
6.2
6. 1
4.3
4.6

6.0
5.9
5.9
5.8
5.7
5.7
5.6
5.5
5.6
5.6
5.5
5.5

21.
21.
22.
22.
22.
22.
21.
21.
21.
21.
21.
21.

45.
45.
45.
45.
44.
45.
45.
45.
45.
45.
45.
45.

1472.
1475.
1485.
150#.
1519.
1512.
1482.
1491.
1504.
1525.
1526.
1557.

228.
217.
194.
205.
187.
135.
53.
42.
61.
72.
56.
80.

18.4
17.3
15.0
15.8
14. 1
9.8
3.7
2.9
4.2
5.0
3.8
5.4

7.3
7.2
7.2
7.2
7.2
7. 1
6. 8
6. 8
6. 8
6. 8
6.7
6. 8

1294.
1308.
1328.
1364.
1420.
1453.
1495.
1537.
1542.
1590.
1645.
1713.

88.
95.
114.
152.
203.
226.
282.
321.
310..
340.
394.
457..

7.3
7.9
9.4
12.5
16.7
18.5
23.3
26-4
25.2
27.2
31.5
36.4

5.6
5.6
5.6
5.7
5.8
5.9
6.0
6.0
6.0
6. 1
6.2
6.4

21.
21.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.

45.
45.
46.
46.
47.
48.
48.
49.
49.
50.
50.
51.

1570.
1573.
1579.
1587.
1590.
1588.
1609.
1616.
1614.
1615.
1624.
1621.

98.
98.
94.
82.
71.
77.
127.
125.
110.
90.
98.
64.

6.7
6.6
6.3
5.5
4.7
5.1
8.6
8.4
7.3
5.9
6.4
4.1

6.8
6.7
6. 6
6.6
6. 5
6. 4
6.4
6.4
6.3
6.2
6. 1
6.0

1769.
1820.
1842.
1883.
1894.
1919.
1915.
1876.
1878.
1857.
1813.
1777.

475.
512.
514.
519.
474.
466.
420.
339.
336.
268.
168.
64.

36.7
39.2
38.7
38.0
33.4
32.1
28.1
22.1
21.8
16.8
10.2
3.7

6.5
6.5
6.5
6.5
6.5
6.4
6.3
6. 1
6.0
5.8
5.6
5.4

21.
20.
20.
20.
19.
19.
19.
19.
19.
19.
19.
18.

52.
52.
53.
54.
55.
55.
55.
55.
55.
54.
54.
54.

1643.
1651.
1634.
1610.
1576.
1560.
1554.
1530.
1552.
1557.
1541.
1536.

73.
77.
55.
24.
-13.
-28.
-56.
-86-62.
-59.
-83.
-85.

4.6
4.9
3.5
1.5
—. 8
-1.8
-3.5
-5. 3
-3.8
—3. 6
-5. 1
-5.3

6.0
5.9
5.8
5.6
5.4
5.2
5.1
5.0
4.9
4.9
4.7
4.7

198 1 - J A N . . . . 1
-FEB..
-HAH
1
-APR....1
-HAT..-. |
-JON....*
-JUL....|
-AUG..
-SEP
1
—OCT. . . . |
-NOV
1
-DEC..... 1

1756.
1796.
1843.
1872.
1870.
1902.
1951.
1994.
2062.
2101.
2149.
2181.

-13.
-25.
1.
-11.
-24.
-17.
37.
118.
183.
244.
336.
404.

-.7
-1.3
.0
-.6
-1.3
-.9
1.9
6.3
9.8
13.1
18.5
22.7

5.2
5.3
5.3
5.3
5.2
5.3
5.3
5.3
5.4
5.5
5.5
5.5

18.
19.
19.
19.
19.
19.
19.
19.
19.
19.
19.
19.

53.
54.
55.
55.
54.
54.
55.
56.
57.
58.
58.
58.

1527.
1522.
1529.
1556.
1579.
1589.
1586.
1581.
1564.
1545.
1540.
1568.

-117.
-129.
-105.
-54.
2.
29.
33.
52.
12.
-12.
-1.
33.

-7.1
-7.8
-6.4
-3.4
.1
1.9
2.1
3.4
.8
-.8
-.0
2.1

4.6
4.5
4.4
4.4
4.4
4.4
4.3
4.2
4. 1
4.0
3.9
3.9

1982-JA N
|
—FEB...mI
-MAR
J
-APR
1
-MAT
1
-JON
|
-JUL....I
— AUG. . . <• |
-SEP.....#
-OCT.n.*J
— NOV. . . . ]
-DEC....J

2183.
2134.
2114.
2061.
2029.
1963.
1893.
1849.
1758.
1665.
1584.
1523.

427.
338.
271.
189.
159.
61.
-58.
-145.
-303.
-437.
-565.
-657.

24.3
18.8
14.7
10.1
8.5
3.2
-3.0
-7.3
-14.7
-20.8
-26.3
-30. 1

5.4
5.2
5. 1
4.9
4.7
4.5
4.3
. 4.2
3.9
3.7
3.5
3.3

19.
19.
20.
20.
20.
20.
21.
21.
21.
21.
21.
21.

58.
57.
56.
55.
55.
54.
53.
51.
49.
47.
45.
43.

1593.
1610.
1640.
1656.
1663.
1683.
1698.
1752.
1818.
1861.
1940.
1982.

67.
87.
111.
100.
84.
94.
112.
171.
254.
317.
401.
413.

4.4
5.7
7.3
6.5
5.3
5.9
7.0
10.8
16.3
20.5
26.0
26.3

3.9
3.9
3.9
3.9
3.9
3.9
3.9
4.0
4.1
4.1
4.3
4.3

1983-JAN
.J
—FEB.. . . |
— HA B . . . o |
-APR....|
-MAT.... |
—JO N. . . . |
—JUL....|
-A0G-w.*1
-SEP..... J
-OCT.... |
I

1458.
1391.
1308.
1228.
1180..
1150.
1117.
1099.
1074.
1071.

-725.
-743.
-806.
-833.
-849.
-813..
-777.
-750..
-684.
-593.

-33.2
- 3 4. 8
-38.1
-40.4
-41.8
-41.4
-41.0
-40.6
-38.9
-35.6

3.2
3.0
2.8
2.6
2.5
2.4
2.4
2.3
2.3
2.3

2222.
22.
22.
22.
22.
22.
22.
22.
22.

41.
39.
37.
34.
33.
31.
30.
29.
29.
28.

2090.
2155.
2275.
2344.
2449.
2513.
2588.
2674.
2670.
2724.

497.
545.
635.
687.
786.
830.
890.
921.
852.
863.

31.2
33.9
38.7
41.5
47.3
49.3
52.4
52.6
46.9
46.4

4.5
4.6
4.9
5.0
5.2
5.3
5.5
5.6
5.6
5.7

1978-JAN...„|
—FEB. . . .. |

-JON..... |

-NOV.... |
-DEC
1
1
1 9 7 9 - J A N . . .«•!
— MAR. . . . . |
—JOB... . |
—JUL«.*a|
-SEP....|
-OCT....I
-NOV.. .o |
-DEC. . . . . |
1
1980-JAN....|
-FEB
1
— MAR.*... |
—APR....|
— MA T . . . . |
—JUN....|
-JUL... . |
-AUG....1
-SEP
1
-OCT
|
-NOV
|
-DEC
1

-

* AVERAGE LOANS OUTSTANDING DOBIIG THE PRECEDING TWELVE MONTHS (AVERAGE OF END-

-MONTH D A T A ) .

•REFINANCING OF FEDERAL LAND BANK 1LOANS" I S COMPUTED AS LOANS CLOSED LESS NEB M
"REPAYMENTS" ABE COMPUTED AS NEB MONEY LOANED LESS THE CHANGE I N LOANS OUTSTlND

EY LOANED.
G.




TABLE 2 3 1 . 1 H
LIFE INSOBAMCE COMPANIES
FAB« MORTGAGES OUTSTANDING AID ACQUIRED
FARM MORTGAGES OUTSTANDING
MILLIONS OF DOLLARS
END OF
MONTH
_1_ 1
197 6-JAM
J
6731.
-FEB
J
6769.
-MAE
J
6815.
-APR.... j
6876.
-MAY... . |
6946.
- J UN
|
7005.
-JUL- . . . |
7072.
-AUG....|
7127.
-SEP....]
7184.
-OCT.... J
7219.
-NOV....|
7291.
7425.
—DEC.... 1

1 CHANGE FROM PREVIOUS*,
1

MONTH

,

YE*R

FARM MORTGAGES ACQUIRED

PERCENTAGE CHANGE
FROM PREVIOUS

MILLIONS OF DOLLARS
ACQUIRED | CHANGE FROM PREVIOUS
IN
MONTH 1
MONTH
YEAR

J

1

PERCENTAGE CHANGE
FROM PREVIOUS

-22.
38.
46.
61.
70.
59.
67.
55.
57.
35.
72.
134.

431.
375.
387.
372.
403.
432.
488.
521.
553.
558.
612.
672-

-.3
.6
.7
.9
1.0
.8
1.0
.8
.8
.5
1.0
1.8

6.8
5.9
6.0
5.7
6.2
6.6
7.4
7.9
8.3
8.4
9.2
10.0

100.
116.
136.
128.
125.
131.
138.
106.
123.
79.
116.
242.

-53.
16.
20.
-8.
-3.
6.
7.
-32.
17.
-44.
37.
126.

20.
-48.
17.
8.
50.
56.
83.
53.
61.
25.
51.
89.

-34.6
16.0
17.2
-5.9
-2.3
4.8
5.3
-23.2
16.0
-35.8
46.8
108.6

25.0
-29.3
14.3
6.7
66.7
74.7
150.9
100.0
98.4
46.3
78.5
58.2

1977—JAN..|
—FEB. . . . 1
—MAR....|
-APR... . |
-MAT....*
-JOB
J
—JUL....|
-AOG....I
-SEP.... |
-OCT....J
-NOV.... 1
-DEC..... |

7434.
7510.
7640.
7814.
7924.
8139.
8235.
8330.
8475.
8570.
8649.
8842.

9.
76.
130.
174.
110.
215.
96.
95.
145.
95.
79.
193.

703.
741.
825.
938.
978.
1134.
1163.
1203.
1291.
1351.
1358.
1417.

. 1
1.0
1.7
2.3
1.4
2.7
1.2
1.2
1.7
1. 1
.9
2.2

10.4
10.9
12.1
13.6
14.1
16.2
16.4
16.9
18.0
18.7
18.6
19.1

160.
156.
233.
256.
214.
278.
168.
188.
209.
144.
135.
319.

-82-4.
77.
23.
-42.
64.
-110.
20.
21.
—65.
-9.
184.

60.
40.
97.
128.
89.
147.
30.
82.
86.
65.
19.
77.

-33.9
-2.5
49.4
9.9
-16.4
29.9
-39.6
11.9
11.2
-31.1
-6.3
136.3

60.0
34.5
71.3
100.0
71.2
112.2
21.7
77.4
69.9
82.3
16.4
31.8

1978-JAN
J
—FEB. . . . J
—MAR....|
— APR. . . . |
-HAY... . |
-JON..., J
—J O L . . . . |
— AUG... . |
-SEP
1
-OCT....I
-NOV.... |
-DEC....J

8891.
9001.
9205.
9386.
9523.
9712.
9828.
9965.
10116.
10276.
10366.
10499.

49.
110.
204.
181.
137.
189.
116.
137.
151.
160.
90.
133.

1457.
1491.
1565.
1572.
1599.
1573.
1593.
1635.
16*1.
1706.
1717.
1657.

.6
1.2
2.3
2.0
1.5
2.0
1.2
1.4
1.5
1.6
.9
1.3

19.6
19.9
20.5
20.1
20.2
19.3
19.3
19.6
19.4
19.9
19.9
18.7

200.
207.
285.
273.
251.
275.
207.
206.
227.
213.
148.
256.

-119.
7.
78.
-12.
-22.
24.
-68.
-1.
21.
-14.
-65.
108.

40.
51.
52.
17.
37.
-3.
39.
18.
18.
69.
13.
-63.

-37.3
3.5
37.7
-4.2
-8.1
9.6
-24.7
-.5
10.2
-6.2
-30.5
73.0

25.0
32.7
22.3
6.6
17.3
-1.1
23.2
9.6
8.6
47.9
9.6
-19.7

1979—JAN. . . . 1
-FEB.,..|
—MAR....|
-APR....*
-MA Yo . . . |
—JU H. . . . . J
—JUL...« |
-AUG....]
-SEP....]
-OCT....]
-NOV....]
—DEC... . I

10515.
10682.
10927.
11089.
11260.
11480.
11571.
11726.
11864.
11996.
12104.
12180.

16.
167.
245.
162.
171.
220.
91.
155.
138.
132.
108.
76.

1624.
1681.
1722.
1703.
1737.
1768.
1743.
1761.
1748.
1720.
1738.
1681.

.2
1.6
2.3
1.5
1.5
2.0
.8
1.3
1.2
1.1
.9
.6

18.3
18.7
16.7
18.1
18.2
18.2
17.7
17.7
17.3
16.7
16.8
16.0

186.
263.
391.
239.
265.
374.
170.
206.
200.
226.
166.
193.

-70.
77.
128.
-152.
26.
109.
-204.
36.
-6.
26.
-60.
27.

-14.
56.
106.
-34.
14.
99.
-37.
-27l
13.
18.
-63.

-27.3
41.4
48.7
-38.9
10.9
41.1
-54.5
21.2
-2.9
13.0
-26.5
16.3

-7.0
27.1
37.2
-12.5
5.6
36.0
-17.9
.0
-11.9
6.1
12.2
-24.6

1980-JAN
1
-FEB. . . . |
-MAR...o|
-APR.... |
-MAY.. . . |
—JUS...*, ]
-JUL..... |
— AUG...r>]
- S E P . . ]
-OCT...., j
-NOV...of
—DEC.. . . |

12213.
12299.
124 3 3 .
12546.
12656.
12743.
12752.
12783.
12818.
12869.
12902.
12958.

33.
86.
134.
113.
110.
87.
9.
31.
35.
51.
33.
56.

1698.
1617.
1506.
1457.
1396.
1263.
1181.
1057.
954.
873.
798.
778.

.3
.7
1.1
.9
.9
.7
. 1
.2
.3
.4
.3
.4

16. 1
15. 1
13.8
13.1
12.4
11.0
10.2
9.0
8.0
7.3
6.6
6.4

219.
174.
221.
199.
174.
150.
59.
55.
76.
80.
90.
170.

26.
45.
47.
-22.
-25.
-24.
-91.
-4.
21.
4.
10.
80.

33.
-89.
-170.
-40.
-91.
-224.
-111.
-151.
-124.
-146.
-76.
-23.

13.5
-20.5
27.0
-10.0
-12.6
-13.8
-60.7
-6.8
38.2
5.3
12.5
88.9

17.7
-33.8
-43.5
-16.7
-34.3
-59.9
-65.3
-73.3
-62.0
—64.6
-45.8
-11.9

1981-JAN....,]
-FEB.. . -1
— MAR...* 1
-APR.. ... ]
-MAY
., J
-JU*.»., |
-JUL....|
-AUG
1
-SEP....]
-OCT
]
-NOV....*
-DEC....]

12931.
12974.
12975.
12985.
13031.
13044.
13101.
13132.
13149.
13168.
13149.
13100.

-27.
43.
1.
10.
46.
13.
57.
31.
17.
19.
-19.
-49.

718.
675.
542.
439.
375.
301.
349.
349.
331.
299.
247.
142.

-.2
.3
.0
. 1
4
. 1
.4
.2
. 1
. 1
-.1
—. 4

5.9
5.5
4.4
3.5
3.0
2.4
2.7
2.7
2.6
2.3
1.9
1.1

120.
164.
103.
104.
109.
74.
141.
70.
78.
64.
29.
52.

-50.
44.
-61.
1.
5.
-35.
67.
-71.
8.
-14.
-35.
23.

-99.
-10.
-118.
-95.
-65.
-76.
82.
15.
2.
-16.
-61.
-118.

-29.4
36.7
-37.2
1.0
4.8
-32.1
90.5
-50.4
11.4
-17.9
-54.7
79.3

-45.2
-5.7
-53.4
-47.7
-37.4
-50.7
139.0
27.3
2.6
-20.0
-67.8
-69.4

1982—JAN...•|
-FEB....]
—•HA R. . . . |
-APR.... |
—MAY....|
-JUS
]
-JUL...• I
-AUG.... 1
-SEP....]
-OCT.
]
-NOV....]
-DEC....J

13029.
12992.
12983.
12977.
12992.
12996.
12992.
12983.
12936.
12918.
12899.
12831.

-71.
-37.
-9.
-6.
15.
4.
-4.
-9.
-47.
-18.
-19.
-68.

98.
18.
8.
-8.
-39.
-48.
-109.
-149.
-213.
-250.
-250.
-269.

-.5
-.3
-.1
-.0
- 1
.0
-.0
-. 1
-.4
-.1
-. 1
-.5

.8
.1
.1
-. 1
-.3
—. 4
—. 8
-1.1
-1.6
-1.9
-1.9
-2.1

68.
40.
77.
49.
128.
53.
58.
44.
34.
31.
49.
66.

16.
-28.
37.
-28.
79-75.
5.
-14.
-10.
-3.
18.
17.

-52.
-124.
-26.
-55.
19.
-21.
-83.
-26.
-44.
-33.
20.
14.

30.8
-41.2
92.5
-36.4
161.2
-58.6
9.4
-24. 1
-22.7
-8.8
58.1
34.7

-43.3
-75.6
-25.2
-52.9
17.4
-28.4
-58.9
-37.1
-56.4
-51.6
69.0
26.9

198 3 - J A N
]
-FEB.... ]
-MAS....]
-APR....]
-MAY....]
-JON....]
-JUL....,]
-A0G....I
-SEP--..I

12734.
12708.
12671.
12669.
12681.
12671.
12669.
12729.
12756.

-97.
-26.
-37.
-2.
12.
-10.
-2.
60.
27.

-295.
-284.
-312.
-308.
-311.
-325.
-323.
-254.
-180.

—. 8
-.2
-.3
-.0
.1
-. 1
-.0
.5
.2

-2.3
-2.2
-2.4
-2.4
-2.4
-2.5
-2.5
-2.0
-1.4

52.
71.
74.
102.
79.
97.
81.
170.
98-

-14.
19.
3.
28.
-23.
18.
-16.
89.
-72.

-16.
31.
-3.
53.
-49.
44.
23.
126.
64.

-21.2
36.5
4.2
37.8
-22.5
22.8
-16.5
109.9
-42.4

-23.5
77.5
-3.9
108.2
-38.3
83.0
39.7
286.4
188.2




24
L I F E IBSDR18CB COHPABIES
FARH BOBTGAGES OOTSXABDIHG AID ACQUIRED
SEASOIALLI-ADJUSTED DATA

TABLE 2 3 1 . 2 *

I
I
I
l_
1

I

-1.
1
1976-JAN... • 1
-FEB...
-MAR... "l
-APR... • 1
-BAY... •I
-JUB... -I
-JUL... -I
—AUG. . . - I
—SEP. . . • 1
-OCT... -1
-NOV... -1
-DEC... .1
I
1977-JAN... • I
-FEB... .!
-BAB... -I
-APR... • I
-BAY... .1
—JU N. . . - J
- J U L . . . .1
-AUG... • 1
—SEP... - 1
-OCT... O 1
-NOV... - I
-DEC...
I
1 9 7 8 - J A N . . . ..I
-FEB... »l
-BAR...
-APR... -I
-BAY...
-JUN... -I
- J U L . . . -1
-AUG... -1
-SEP... -l
-OCT... «l
-NOV... -I
-DEC...
I
1979-JAN.. - l
- F E B . . ..l
-BAB.. -1
-APE.. -J
-BAY.. -I
— JUN.m • • J
-JUL..
-AUG.. - l
-SEP.
-I
-OCT. • • I
-NOV.
-DEC.
1980-JAN..
-FEB..
-BAR..
-APR..
-BAY..
-JUN..
-JUL..
-AUG..
-SEP..
-OCT..
-NOV..
-DEC..

•1
-I

I
1981-JAN. • • • I
-FEB. • - . |
-BAR.
-APR.
-BAY.
-JUN.,
-JUL.
-AUG..
-SEP.
-OCT.
-NOV.
-DEC.
I
1982-JAN. . . . J
-FEB.
-BAR.
-APR.
-BAY.
-JUN.
-JUL.
-AUG.
-SEP. • . . |
-OCT. . . . I
-NOV.
-DEC. • - I

... |

1983-JAN. . . . |
-FEB. - - • I
-BAR. • • I
- A P R . ». . |
-HAY. i . . |
-JUN. . . . I
-JUL. ....J
-AUG. • • I
-SEP. . - I

FARB BOBTGAGES ACQUIBBD

FABB BOBTGAGES OUTSTANDIBG
B I 1 L I O B S OF DOLLABS

I

PESCENTAGE CBABGB
FBOB PREVIOUS

CHARGE FBOB PREVIOUS*_
EBD OF
MONTH

BOBTB

YBAB

6771.
6823.
6850.
6881.
6946.
6981.
7044.
7103.
7159.
7199.
7293.
7406.

525.
643.
337.
383.
814.
437.
793.
743.
703.
493.
1217.
1467.

439.
381.
388.
366.
398.
424.
483.
522.
551.
558.
615.
677.

7483.
7571.
7677.
7816.
7919.
8105.
8202.
8305.
8447.
8546.
8651.
8826.,

983.
1128.
1379.
1842.
1331.
2547.
1241.
1315.
1885.
1270.
1347.
2344.

712.
748.
827.
935.
974.
1124.
1158.
1201.
1288.
1347.
1358.
1420.

8950.
9074.
9247.
9388.
9516.
9669.
9793.
9937.
10084.
10247..
10363.
10486.

1609.
1606.
2312.
1840.
1650.
2010.
1594.
1886.
1915.
2140.
1473.
1581.

1467.
1503.
1570.
1572.
1596.
15631590.
1633.
1637.
1701.
1711.
1660.

10581.
10764.
10974.
11097.
11252.
11431.
11535.
11695.
11830.
11960.
12092.
12170.

1195.
2421.
2804.
1576..
2010.
2340.
1314.
2074.
1729..
1653..
1682.
973.

1631.
1690.
1726.
1709.
1737.
1762.
1742.
1758.
1746.
1712.
1729.
1684.

12282.
12386.
12484.
12563.
12650.
12698.
12723.
12754.
12789.
12822.
12875.
12946.

1410.
1313.
1232.
985.
1079.
593.
303.
366.
435.
404.
641.
885.

1701.
1622.
1510.
1466.
1398.
1268.
1189.
1059.
959.
863.
783.
776.

12993.
13054.
13027.
13011.
13022.
13002.
13070.
13090.
13109.
13131.
13126.
13095.

571.
747.
-314.
-195.
136.
-239.
833.
248.
230.
270.
-63.
-372.

711.
668.
543.
447.
372.
304.
346.
337.
320.
309.
251.
148.

13091.
13067.
13038.
13009.
12985.
12962.
12963.
12940.
1,2895.
12883.
12874.
12824.

-50-277.
-351.
-341.
-282.
-268.
7.
-279.
-522.
-150.
-101.
-589.

12791.
12777.
12725.
12704.
12678.
12645.
12645.
12691.
12721.

-388.
-168.
-616.
-244.
-307.
-393.
1.
555.
372.




I
I

HOBTH
7.8
9.5
4.9
5.6

6.9
5.9

6.3
11.4
10.5
9.9
6.9
16.9

6.5
7.4
7.9
8.3
8.4
9.2
10. 1

11.8

20.1

6.0
5.6

6.1

13.3
15.1

10.5

24.0
17.0
32.2
15.3

13.6
14.0

18.2

16.0

11.0
12.1
16.1

16.4
16.9

PEBCEBTAGE CHARGE
FBOB PREVIOUS

B I L L I O N S OF DOLLABS
ACQUIRED
IB
BOBTH
-ISAlti
1277.
1444.
1231.
1287.
1438.
1371.
1938.
1552.
1739.
1278.
1999.

|
I
1
1

CBABGB FBOB P B E V I O U S |
HOBTH
1.

166.

260.

.1

796.

374.
912.
803.

-26.5
56.4
4. 1

760.
451.
900.
1284.
980.
1452.
549.
1274.

-2.0
-7.0
12.5

2330.
2833.

-43.
-143.
237.
439.
-153.
407.
-337.
339.
73.
-678.
109.
503.

943.
331.
753.

-23.4
4.9

21.6

36.2

24.4
28.5
24.8
7.9
14.5
-2.7
29.2
10.9
6.5
41.5
7.7
-15.4

2080.
2037.
1894.
2131.
2570.
2417.
2824.
2487.

2826.

55.
151.

— 66.

-670.
177.
54.
577.
563.

567.
-387.
187.
-461.
721.

1200.

81.

826.

1160.

12.1

20.6

—6. 0

16.8

-11.9
13.6

2.6

22.7
15.0
15.8
27. 1

18.0

18.2

19.6
19.9
20.4
20.1
20.2
19.3
19.4
19.7
19.4
19.9
19.8

2534.
2435.
2660.
2774.
2767.
2748.
3212.
3135.
3086.
3142.
2509.
2395.

-299.
-99.
225.
115.
-7.
-19.
464.
-78.
-49.
56.
-632.
-114.

497.
541.
528.
204.
350.
-76.
726.
309.
187.
921.
179.
-438.

—10.6
-3.9
9.2
4.3
-.3
-.7
16.9
-2.4

18.2

-103.
785.
579.

-241.
642.
996.
-280.
- 42.
1052.
-611.

-4.3
34.2

18.2

2292.
3077.
3656.
2495.
2809.
3800.

16. 1

17.9
25.5
19.9
17.6

21. 1
16.5
19.3
19.3

21.2
14.4
15.3

11.4
22.9

26.0

14.4
18. 1

18.7

18.6
19-2

18.8

18.6
18.7

18.2

18.2

2899.

2221.

-1161.

2602.

14. 1

17.8
17.7
17.3
16.7
16.7

3163.
2751.
3265.
2697.
1889.

314.
991.
-1198.
561.
-412.
514.
-568.
-808.

11.6

16.1

2663.
1993.

774.
-671.

20.8
11.5

18.0
14.8
14.0

8.0

10.7
9.9
7.9

15.1
13.8
13.2
12.4

25.6
-31.7

13.0
-14.7
4.5
11.7
—4. 6
41.3
-19.9

-212.

2081.

28.

-335.
124.

188.

-506.

— 1.6

1.8
-20. 1
-4.5

18.8

-31.8

12.6

35.3
-31.5

21.6

-13.0
18.7
-17.4
-30.0

16.8

4.4
67.0
69.7
162.5
105.2
90.4
41.5
83.9
62.9

59.5
31.2
73.1
99.8

68.1

105.9
28.3

82.1
66.7
73.8

16.6

-9.5
26.4
37.4

-10.1

1.5
38.3
-19.0
.9
-10.8
3.9
7.5
-21.1

16.2

41.0
-25.2
4.4

94.
244.
340.

371.
-1085.
-1575.
-392.
-995.
-2229.
-1724.
-2325.
-1693.
-2113.
-1302.
-154.

21.2

-35.2
-43.1
-15.7
-35.4
-58.7
—66.3
-73.5
-61.5
-64.7
-48.3

88.

22.

1.1

7.2
6.5
6.4

2103.
1814.
1571.
878.
837.
1058.
1152.
1396.
1736.

24.4

-8.1

4.4
5.8
-2.4
-1.5
1.0
-1.8
6.4
1.9
1.8
2. 1
-.5
-2.8

5.8
5.4
4.4
3.6
2.9
2.4
2.7
2.6
2.5
2.4
2.0
1.1

1428.
1877.
973.
1098.
1119.
806.
2006.
1064.
1107.
941.
428.
534.

-307.
448.
-903.
125.
21.
-313.
1199.
-941.
43.
-166.
-513.
106.

-1235.
-116.
-1108.
-1005.
-695.
-765.
1128.
227.
49.
-211.
-967.
-1202.

-17.7
31.4
-48.1
12.8
1.9
-27.9
148.8
-46.9
4.0
-15.0
-54.5
24.7

-46.4
-5.8
-53.2
-47.8
-38.3
-48.7
128.5
27.1
4.7
-18.3
-69.3
-69.2

98.
14.
10.
-2.
-37.
-40.
-106.
-150.
-214.
-249.
-252.
-271.

-.4
-2.1
-2.7
-2.6
-2.2
-2.1
.1
-2. 1
-4.0
-1.2
-.8
-4.6

.8
.1
.1
-.0
-.3
-.3
-.8
-1.1
-1. 6
-1.9
-1.9
-2.1

806.
454.
746.
511.
1320.
598.
797.
658.
482.
465.
710.
673.

272.
-353.
292.
-235.
809.
-722.
199.
-139.
-177.
-17.
246.
-37.

-622.
-1423.
-227.
-587.
201.
-208.
-1208.
-406.
-626.
-477.
282.
139.

51.0
-43.7
64.4
-31.5
158.4
-54.7
33.4
-17.4
-26.8
-3.5
52.9
-5.2

-43.5
-75.8
-23.4
-53.5
18.0
-25.9
-60.2
-38.1
-56.5
—50.6
65.8
26.1

-299.
-290.
-313.
-305.
-307.
-317.
-318.
-249.
-174.

-3.0
-1.3
-4.8
-1.9
-2.4
-3. 1
.0
4.4
2.9

-2.3
-2.2
-2.4
-2.3
-2.4
-2.4
-2.5
-1.9
-1.4

614.
808.
728.
1060.
814.
1132.
1078.
2511.
1384.

-59.
194.
-81.
332.
-246.
318.
-54.
1433.
-1127.

-192.
355.
-18.
549.
-506.
534.
281.
1852.
902.

-8.8
31.6
-10.0
45.7
-23.2
39.0
-4.8
132.9
-44.9

-23.9
78.1
-2.5
107.5
-38.3
89.3
35.2
281.3
187.3

8.6
4.7
2.4
2.9
3.4
3.2
5.0
6.9

11.1

10.3
9. 1

8.1

-289.
-243.
-693.
-40.

221.

-13.8
-13.4
-44.1
-4.6
26.4
8.9

TAB LB 2 3 1 . 3 H
L I F E IMSORAMCB COBPAMIBS
FABB BORTGAGES ACQUIRED
TSELYE-HOHTH HOYIMG TOTAL
1 HILLIOMS
OF
4
<
DOLLARS
1
1
1
1976-JA 8
|
1095.
1047.
-FEB- . . . J
— HAfie. . . j
1064.
1072.
-APB....I
~WAI«•••|
1122.
1178.
-JUN
J
-JUL....*
1261.
-AUG
,]
131*.
1375.
—SEP...o|
—OCT..•.|
1400.
1451.
-NO?
1
1540.
-DEC
j

IEAB
BMDIMG—

1
*
*
*
1
1

CHAHGE FSOH
PBBVI0US ! YEAH
HILLIOMS
OF
DOLLARS

PERCENT

AS PBRCBBTAGE OF
OOTSTAMDIBG
MORTGAGES*

COMMITMENTS*

97.
-51.
-29.
-49.
21.
99.
223.
296.
350.
393.
432.
465.

9.7
-4.6
-2.7
-4.4
1.9
9.2
21.5
29. 1
34.1
39.0
42.4
43.3

17.
16.
16.
16.
17.
18.
19.
19.
20.
20.
21.
22.

244.
235.
240.
241.
249.
258.
271.
278.
287.
288.
293.
307.

1977—JAM....*
—FEB... . . 1
-HAS
1
-APB....I
-BAT. . . . . 1
-JUM....J
—J U L . . . . |
-AUG.... |
-SEP.
1
-OCT
1
-MOT.™.. |
-DEC....|

1600.
1640.
1737.
1865.
1954.
2101.
2131.
2213.
2299.
2364.
2383.
2460.

505.
593.
673.
793.
832.
923.
870.
899.
924.
964.
932.
920.

46.1
56.6
63.3
74.0
74.2
78.4
69.0
68.4
67.2
68.9
64.2
59.7

23.
23.
24.
26.
27.
28.
28.
29.
30.
30.
30.
31.

314.
316.
328.
345.
353.
368.
364.
368.
372.
371.
365.
368.

1978-JAM....*
-FEB....|
—HAB....J
-APR....)
-BAT....J
-JUM....1
-JUL
1
-AUG....I
-SEP....}
-OCT.... 1
-MOT....I
-DEC. . . o |

2500.
2551.
2603.
2620.
2657.
2654.
2693.
2711.
2729.
2798.
2811.
2748.

900..
911.
866.
755.
703.
553.
562.
498.
430.
434.
428.
288.

56.3
55.5
49.9
40.5
36.0
26.3
26.4
22.5
18.7
18.4
18.0
11.7

31.
31.
31.
31.
31.
30.
30.
30.
30.
30.
30.
29.

364.
364.
363.
356.
354.
349.
346.
342.
339.
343.
344.
333.

1979-JA
-FEB
1
— HAB... . |
-APB
1
-HAT....I
—JOBee..1
-JUL....j
-AUG
1
-SEP....|
-OCT....#
— HOY... . |
-DBC.o.ol

2734.
2790.
2896.
2862.
2876.
2975.
2938.
2938.
2911.
2924.
2942.
2879.

234.
239.
293.
242.
219.
321.
245.
227.
182.
126.
131.
131.

9.4
9.4
11.3
9.2
8.2
12.1
9.1
8.4
6.7
4.5
4.7
4.8

28.
28.
29.
28.
28.
29.
28.
27.
27.
27.
26.
25.

326.
327.
336.
331.
328.
333.
327.
324.
317.
316.
312.
301.

1980-JAM....|
—FEB. . . . |
-HAS
j
-APB
1
-MI....*
-J0H....I
— JUL. . . . |
-A0G....J
-SEP.
1
-0CT....I
-MOV.....*
-DEC.
1

2912.
2823.
2653.
2613.
2522.
2298.
2187.
2036.
1912.
1766.
1690.
1667.

178.
33.
-243.
-249.
-354.
-677.
-751.
-902.
-999.
-1158.
-1252.
-1212.

6.5
1.2
-8.4
-8.7
-12.3
-22.8
-25.6
-30.7
-34.3
-39.6
-42.6
-42.1

25.
24.
23.
22.
21.
19.
18.
17.
15.
14.
13.
13.

302.
295. .
280.
281.
283.
272.
273.
268.
267.
259.
261.
271.

1 9 8 1 - J A H. . . . 1
-FEB
1
-HAB.,..|
-APR....j
—HAT...-j
-J0M....J
-JUL....|
-AOG
|
—SEP# e e . J
-OCT
1
— MOV.. . • |
—DEC. . .«»I

1568.
1558.
1440.
1345.
1280.
1204.
1286.
1301.
1303.
1287.
1226.
1108.

-1344.
-1265.
-1213.
-1268.
-1242.
-1094.
-901.
-735.
-609.
-479.
-464.
-559.

-46.2
-44.8
-45.7
-48.5
-49.2
-47.6
-41.2
-36. 1
-31.9
-27. 1
-27.5
-33.5

12.
12.
11.
10.
10.
9.
10.
10.
10.
10.
9.
8.

270.
282.
275.
265.
254.
236.
250.
255.
262.
269.
272.
264.

1982-JAM.... |
-FEB. . . . |
— BAR. . . . |
-APB
1
—HAT....J
—JOB.a. . |
—JUL.... . |
—AOGeo..J
—SEP. . . . |
-OCT....*
-MOV....I
—DEC.n..|

1056.
932.
906.
851.
870.
849.
766.
740.
696.
663.
683.
697.

-512.
-626.
-534,.
-494.
-410.
-355.
-520.
-561.
-607.
-624.
-543.
-411.

-32.7
-40.2
-37.1
-36.7
-32.0
-29.5
-40.4
-43.1
-46.6
-48.5
-44.3
-37. 1

8.
7.
7.
7.
7.
6.
6.
6.
5.
5.
5.
5.

268.
249.
252.
250.
273.
290.
282.
287.
282.
277.
288.
295.

681.
712.
709.
762.
713.
757.
780.
906.
970.

-375.
-220.
-197.
-89.
-157.
-92.
14.
166.
274.

-35.5
-23.6
-21.7
-10.5
-18.0
-10.8
1.8
22.4
39.4

5.
6.
5.
6.
6.
6.
6.
7.
8.

286.
293.
287.
295.
262.
264.
257.
279.

1983—JAB...•*
-FEB
1
—BAR.... *
—APB.... 1
—BAT....*
- JUM. . . . *
—JUL.e..i
-AOG....*
-SEP..
1

* AVERAGE A H 0 0 I T 09TSTAMDIBG DOBIMG THE PBBCEDIMG THELVE SOUTHS (AVERAGE OF RMS-OF-BOMTB D A T A ) .




26
T1BL* 2 3 2 . 1 8

L i r e I B S 0 1 A B C I COMPANIES
PABB BOBfGAGE COBBIfBEBTS—OUTSTANDING ABD BE*
BEN FABB MORTGAGE COBBIfBEBTS

OOTSfABDIBG PABB BOBTGACE COBBIfBEBTS

•

MONTH

PERCENTAGE CBABGE
fROM PBBVIOOS
I

pyvxa

BADE IN |
MONTH J
11

I

1
1
_L

PREVIOUS!
1

BI1LIOBS OF DOLLABS
i

END OF
'BOHTfl

ii

BILLIOBS OP BOL1ABS

!

PEBCEBTA6E CHANGE
FBOB PBEVIOUS

BOBTH

BO NTH

IBM.

10.
5.
7.
18.
-18.
-2.
3.
-33.
35.
12.
7.
46.

48.
-4.
35.
88.
52.
60.
44.
15.
25.
26.
48.
90.

10.6
4.8
6.4
15.5
-13.4
-1.7
2.6
-28.2
41.7
10.1
5.3
33.3

85.7
-3.5
43.2
191.3
81.3
111.1
60.3
21.7

69.2
81.7
87.9

1.

1976-JAN...,
"FZB««*<
BAB...
-APB-•..
-BAY...
-JUH...
—JUL.. . .
— AO G. . - .
—SEP...
-OCT...
-HOT...
—DEC...<

466.
477.
479.
501.
482.
490.
487.
494.
520.
582.
592.
553.

7.
11.
2.
22.
-19.
8.
-3„
In
26.
62.
10.
-39.

-30.
-23.
13.
71.
69.
91.
68.
89.
82.
109.
86.
94.

1.5
2.4
.4
4.6
-3.8
1.7
-.6
1.4
5.3
11.9
1.7
—6. 6

-6. 0
—4. 6
2.B
16.5
16.7

18.7
23.0
17.0
20.5

104.
109.
116.
134.
116.
114.
117.
84.
119.
131.
138.
184.

1977-JAN...
-FEB...
—BAB..t
-APB...
—BAT...
—JO B. . .
-JOL...
—AOG...
-SEP...
-OCT. . •
-NOV...
-DEC...

567.
614.
603.
663.
680.
671.
673.
696.
745.
769.
782.
768.

14.
47.
-11.
60.
17.
-9.
2.
23.
49.
24.
13.
-14.

101.
137.
124.
162.
198.
181.
186.
202.
225.
187.
190.
215.

2.5
8.3
-1.8
10.0
2.6
-1.3
.3
3.4
7.0
3.2
1.7
-1.8

21.7
28.7
25.9
32.3
41.1
36.9
38.2
40.9
43.3
32.1
32.1
38.9

176.
198.
218.
245.
230.
199.
165.
186.
207.
197.
172.
243.

-8.
22.
20.
27.
-15.
-31.
-34.
21.
21.
-10.
-25.
71.

72.
89.
102.
111.
114.
85.
48.
102.
88.
66.
34.
59.

-4.3
12.5
10.1
12.4
-6.1
-13.5
-17. 1
12.7
11.3
-4.8
-12.7
41.3

197 8 - J A N . . .
-FEB...
-BAB...
-APB...
-BA Y. . .
-JON...
—JUL...
-AUG...
-SEP...
-OCT...
-NOV...
-DEC....

742.
818.
827.
846.
800.
869.
856.
841.
862.
800.
882.
912.

-26.
76.
9.
19.
—46.
69.
-13.
-15.
21.
—62..
82.
30.

175.
204.
224.
183.
120.
198.
183.
145.
117.
31.
100.
144.

-3.4
10.2
1. 1
2.3
-5.4
8.6
-1.5
-1.8
2.5
-7.2
10.2
3.4

30.9
33.2
37.1
27.6
17.6
29.5
27.2

203.
264.
271.
230.
216.
271.
175.
193.
184.
161.
208.
228.

-40.
61.
7.
-41.
-14.
55.
-96.
18.
-9.
-23.
47.
20.

27.
66.
53.
-15.
-14.
72.
10.
7.
-23.
-36.
36.
-15.

-16.5
30.0
2.7
-15.1
-6.1
25.5
-35.4
10.3
-4.7
-12.5
29.2
9.6

913.
943.
850.
983.
1010.
942.
937.
974.
948.
1018..
1052.
996.

1.
30.
-93.
133.
27.
-68.
-5.
37.
-26.
70.
34.
-56..

171.
125.
23.
137.
210.
73.
81.
133.
86.
218.
170.
84.

.1
3.3
-9.9
15.6
2.7
-6.7
-.5
3.9
-2.7
7.4
3.3
-5.3

23.0
15.3

245.
301.
257.
343.
257.
184.
154.
209.
196.
240.
230.
101.

17.
56.
-44.
86.
-86.
-73.
-30.
55.
-13.
44.
-10.
-129.

42.
37.
-14.
113.
41.
-87.
-21.
16.
12.
79.
22.
-127.

7.5
22.9
-14.6
33.5
-25.1
-28.4
-16.3
35.7
-6.2
22.4
-4.2
-56.1

20.7
14.0
-5.2
49.1
19.0
-32.1
-12.0
8.3
6.5
49.1

-15.
75.
-34.
-82.
-19.
27.
18.
50.
10.
49.
-36.
—56.

-159.
-140.
-130.
-298.
-231.
-131.
-83.
-88.
—65.
—60.
—86.
-13.

-14.9
87.2
-21.1
—64. 6
-42.2
103.8
34.0
70.4
8.3
37.4
-20.0
-38.9

-64.9
-46.5
-50.6
-86.9
-89.9
-71.2
-53.9
-42.1
-33.2
-25.0
-37.4
-12.9

197 9 - J A M - - -FEB...
-MAR...
-APB...
-MAI...
-JUN...
—JOL.-.
-AUG...
-SEP...
-OCT...
-NOV...
-DEC...

22.8
22.1
22.0

20.8
15.7
4.0

12.8
18.8

2.8
16.2
26.2
8.4
9.5
15.8

10.0

27.2
19.3
9.2

26.6
24.8
53.3
95.7

82.8

98.3
74.6
41.0
121.4
73.9
50.4
24.6
32.1

15.3
33.3
24.3

-6. 1
—6. 1
36.2

6.1

3.8
-11.1
-18.3
20.9

-6.2

10.6

-55.7

1980—JAN...
-FEB...
-MAB...
-APR...
-MAI...
-JUN...
-JUL...
— AUG.. •
-SEP...
-OCT...
-NOV...
-DEC...

833.
809.
665.
525.
453.
415.
424.
468.
536.
601.
644.
587.

—163.
-24.
-144.
-140.
-72.
-38.
9..
44.
68.
65.
43.
-57.

-80.
-134.
-185.
-458.
-557.
-527.
-513.
-506.
-412.
-417.
-408.
-409.

-16.4
-2.9
-17.8
-21.1
-13.7
-8.4
2.2
10.4
14.5
12.1
7.2
-8.9

-46.6
-55.1
-55.9
-54.7
-52.0
-43.5
-41.0
-38.8
-41.1

86.
161.
127.
45.
26.
53.
71.
121.
131.
180.
144.
88.

1981-JAN...
-FEB...
-MAR..,
—APR-.— MA I . •» <
—JU N.».
—JUL.. -AUG...
-SEP..,
-OCT...
-NOV...
-DEC...

502.
464.
483.
482.
521.
469.
361.
328.
300.
271.
271.
279.

-85.
-3819.
-1.
39.
-52.
-108.
—33.
-28.
-29.
8.

-331.
-345.
-182.
-43.
68.
54.
-63.
-140.
-236.
-330.
-373.
-308.

-14.5
-7.6
4.1
-.2
8. 1
-10.0
-23.0
-9. 1
-8. 5
-9.7
.0
3.0

-39.7
-42.6
-27.4
-8.2
15.0
13.0
-14.9
-29.9
-44.0
-54.9
-57.9
-52.5

63.
98.
104.
131.
101.
68.
23.
51.
29.
26.
44.
61.

-25.
35.
6.
27.
-30.
-33.
-45.
28.
-22.
-3.
18.
17.

-23.
—63.
-23.
86.
75.
15.
-48.
-70.
-102.
-154.
-100.
-27.

-28.4
55.6
6.1
26.0
-22.9
-32.7
-66.2
121.7
-43.1
-10.3
69.2
38.6

-26.7
-39.1
-18.1
191.1
288.5
28.3
-67.6
-57.9
-77.9
-85.6
-69.4
-30.7

1982-JAB..,
-FEB...
-MAR..
-APR..
-MAI..
-JUN.. — I
-JUL.. -«i
-AUG.. . . I
-SEP.. . . I
-OCT.. ..»|
-NOV.,
-DEC..

268.
280.
247.
225.
210.
219.
200.
193.
211.
238.
267.
301.

-11.
12.
-33.
-22.
-15.
9.
-19.
-7.
18.
27.
29.
34.

-234-184.
-236.
-257.
-311.
-250.
-161.
-135.
-89.
-33.
-4.
22.

-3.9
4.5
-11.8
-8.9
-6.7
4.3
-8.7
-3.5
9.3
12.8
12.2
12.7

-46.6
-39.7
-48.9
-53.3
-59.7
-53.3
-44.6
-41.2
-29.7

38.
61.
41.
53.
39.
49.
19.
24.
39.
50.
80.
90.

-23.
23.
-20.
12.
-14.
10.
-30.
5.
15.
11.
30.
10.

-25.
-37.
-63.
-78.
-62.
-19.
-4.
-27.
10.
24.
36.
29.

-37.7
60.5
-32.8
29.3
-26.4
25.6
-61.2
26.3
62.5
28.2
60.0
12.5

-39.7
-37.8
—60.6
-59.5
-61.4
-27.9
-17.4
-52.9
34.5
92.3

1983—JAN..
-FEB..
-MAR..
-APB..
-MAI..
—JUN..
-JUL. .
-AUG..

321.
332.
381.
391.
392.
408.
466.
385.

20.
11.
49.
10.
1.
16.
58.
-81.

53.
52.
134.
166.
182.
189.
266.
192.

6.6
3.4
14.8
2.6
.3
4.1
14.2
-17.4

19.8

66.
78.
102.
107.
73.
102.
156.
71.

-24.
12.
24.
5.
-34.
29.
54.
-85.

28.
17.
61.
54.
34.
53.
137.
47.

-26.7
18.2
30.8
4.9
-31.8
39.7
52.9
-54.5

73.7
27.9
148.8
101.9
87.2




-14.2

-21.8

-12.2
-1.5
7.9

18.6
54.3
73.8
86.7
86.3
133-0
99.5

81.8
47.5

108.2

721.1
195.8

TABLE 2 3 2 . 2 M

L I F E INSURANCE COMPANIES
FARM MORTGAGE COMMITMENTS—OUTSTANDING AND NEW
SEASONALLY—ADJUSTED DATA
OUTSTANDING FARM MORTGAGE COMMITMENTS
M I L L I O N S OF DOLLARS
I

NEB FARM MORTGAGE COMMITMENTS

PERCENTAGE CHANGE
FROM PREVIOUS

CHANGE FROM PREVIOUS

M I L L I O N S OF DOLLARS

MONTH
(SAAR)

YEAR

MADE I N
MONTH
(SAAR)

-34.
-25.
12.
69.
71.
97.
95.
95.
85.
105.
80.
83.

36.0
-2 0.9
37.2
35.9
-2 2.5
21.8
19.6
6.9
23.8
156.4
4.3
-11.3

-6.6
-5.0
2.6
16. 1
16.9
24.3
23.1
23.0
19.8
23.2
16.7
17.8

1307.
1 120.
1174.
1334.
1299.
1506.
1619.
1093.
1556.
1690.
1816.
2222.

130.
-188.
55.
160.
-35.
207.
113.
-526.
•463.
134.
126.
406.

447.
326.
62.
1011.
528.
-93.
271.
221.
341.
-64.
-38.
181.

99.
131.
123.
162.
206.
189.
201.
215.
229.
181.
176.
196.

80.8
56.0
10.4
166. 1
80.0
-13.4
39.6
31.3
47-4
-8.6
-5. 1
24.7

20.6
27.6
25.3
32-5
42.2
38.2
40.0
42.4
44.5
32.6
31.5
35.3

2215.
2007.
2222.
2442.
2651.
2741.
2371.
2453.
2649.
2439.
2129.
2897.

754.
796.
832.
84 6 .
819.
890..
911.
880.
870.
774.
828.
867.

60.
692.
557.
190.
-277.
1423.
280.
-306.
-114.
-656.
944.
617.

172.
192.
223.
186.
125.
205.
207.
160.
126.
36.
92.
1 18.

8-0
91.8
70.0
22.9
-32-7
173.8
31.4
-33-6
-13.0
-75.3
121.9
74.6

29.6
31.9
36.7
28.2
18. 1
30.0
29.3
22.2
16.9
4.8
12.5
15.7

1979-JAN
i
-FEB
1
-MAS...«, j
-APR
|
-MAY
i
-JOB
|
—JUL..• |
-AUG.....I
-SEP..... 1
-OCT..... J
-NOV...„J
-DEC
J

918.
905.
849.
99 0 .
1042.
959.
1013.
1034.
967.
996.
990.
927-

848.
-135.
-4 85.
4510.
832.
-658.
895.
288.
-572.
413.
-71.
-541.

164.
110.
18.
144.
223.
68.
102.
154.
97.
222.
162.
60.

97.8
-14.7
-53.6
531.0
84.0
—63. 2
93.3
28.5
-55.3
42.7
-7. 1
-54.7

1980-JAN
|
-FEB. . . . |
-BAB...„|
-APS-..-|
-MAI...»|
-JU N
|
-JUL
J
— AUG.. . - i
—SEP....|
-OCT
J
-NOV
1
-DEC
|

825.
771.
659.
531.
468.
420.
464.
505.
554.
594.
607.
538.

-699.
-455.
-655.
-609.
-414.
-341.
968.
827.
1019.
734.
180.
-466.

-93.
-134.
-191.
-459.
-574.
-539.
-549.
-529.
-413.
-402.
-383.
-389.

198 1 - J A N
|
-FEB
|
-MAS....|
-APR
1
-MAY
J
-J0M.....1
—JUL...., |
-AUG..,.. |
-SEP.....;
-OCT..... |
-NOV
|
-DEC-...J

490.
440.
473.
489.
54 1.
470.
397.
360.
313.
269.
257.
259.

-364.
-356.
627.
221.
1154.
-439.
- 4 08.
-276.
-291.
-262.
-118.
-30.

1982-JA1....-I
-FEB
J
-MAS....]
-APR... . J
-MA Y . „ . . |
-JUN... . 1
—J U L . . . . ]
-A0G....J
-SEP.... . |
-OCT
J
-NOV.*. . |
-DEC....|

259.
265.
240.
227.
218.
218.
221.
215.
221.
237.
254.
273.

1983—JAN. . . . 1
—FEB....{
—MAS.... J
-APR.
1
-MAY..-. 1
-JUN....|
-JUL....J
-AUG.... J

309.
314.
370.
395.
407.
404.
515.
432.

END OF
MONTH

MONTH
(SAAB),

YEAR

482.
473.
486.
498.
488.
496.
503.
506.
515.
557.
559.
553.

169.
-101..
176.
174„
-112.
106.
97..
35.
120.
805.
24.
-63.

197 7 - J A N
J
-FEB
j
-MAS.. . . 1
- APR....|
- MA I . . . . . |
-JUS
i
-JUL
1
— AUG... . |
-SEP
|
-OCT
|
-NOV
-DEC....|

581.
603.
608.
660.
693..
685.
704.
720.
744.
739.
735.
749.

1978—JAN....J
—FEB.... |
-MAR..... J
-APR
1
-MAY.... |
-JUN
1
-JUL-...]
— AUG. . . . |
-SEP...•!
-OCT
|
-NOV
|
-DEC. . . . . j

1
1
I
1976-JA N
j
-FEB.,.., |
— MAR. . . . |
-APR-...-I
-MAI.... 1
-JUN
1
-JUL.... J
-AUG
|
-SEP
|
-OCT. . . |
-NOV
|
-DEC...-J




1
1

PERCENTAGE CHANGE
FROM PREVIOUS

1 CHANGE FROM P R E V I O U S
I
1

MONTH

YEAR

1

MONTH

YEAR

575.
-52.
370879.
592807621.
223.
305.
28 7 .
622.
1044.

11.0
-14.4
4.9
13.6
—2. 6
15.9
7.5
-32.5
42.3
8.6
7.4
22.4

78.6
-4-4
46.0
192-9
83.8
115.3
62.2
25.6
24.3
20.5
52.2
88.7

—6.
-208.
216.
220.
209.
90.
-370.
82.
196.
-210.
-310.
768.

908.
887.
1048.
1108.
1352.
1235.
752.
1360.
1093.
749.
313.
676.

-.3
-9.4
10.7
9.9
8.5
3.4
-13.5
3.5
8.0
-7.9
-12.7
36. 1

69.4
79.2
89.3
83. 1
104.0
82.0
46.5
124.5
70.3
44.3
17.3
30.4

2627.
2659.
2792.
2265.
2513.
3915.
2717.
2528.
2365.
1897.
2402.
2699.

-270.
31.
133.
-527.
248.
1402.
-1197.
-189.
-163.
-468.
505.
297-

412.
652.
569.
-177.
-138.
1173.
346.
75.
-284.
-543.
273.
-199.

-9.3
1.2
5.0
-18.9
10.9
55.8
-30.6
-7.0
-6.4
-19.8
26.6
12.4

18.6
32-5
25.6
-7.3
-5.2
42-8
14.6
3-0
-10.7
-22.2
12.8
-6.9

21.7
13.8
2. 1
17.0
27.3
7.7
11.2
17.5
11. 1
28.6
19.6
6.9

3360.
2940.
2682.
3330.
2993.
2766.
2613.
2717.
2580.
2784.
2479.
1167.

661.
-420-258.
648.
—336.
-227.
-153.
104.
-138.
205.
-305.
-1313.

732.
281.
-110.
1064.
480.
-1148.
-104.
189.
214.
888.
77.
-1532.

24.. 5
-12.5
-8.8
24.2
-10. 1
—7. 6
-5.5
4.0
-5. 1
7.9
-11.0
-52.9

27.9
10.6
-3.9
47.0
19.1
-29.3
—3. 8
7.5
9.1
46.8
3.2
-56.8

-75.4
-55.2
-84.9
-92.5
-77.9
-72.9
230.5
178.4
201.8
132.6
30.3
-76.7

-10. 1
-14.8
-22.4
-46.4
-55. 1
-56.2
-54.2
-51.2
-42.7
-40.3
-38.6
-41.9

1224.
1556.
1329.
426.
304.
820.
1320.
1595.
1783.
2058.
1465.
983.

57.
332.
-227.
-903.
-121.
516.
500.
275.
188.
275.
-593.
-482.

-2136.
-1383.
-1352-2904.
-2689.
-1946.
-1293-1123.
-796.
-726.
-1014.
-184.

4.9
27. 1
-14.6
-68.0
-28.5
169-5
60.9
20.8
11.8
15.4
-28.8
-32.9

-63. 6
-47.1
-50.4
-87.2
-89.8
-70.3
-49.5
-41.3
-30.9
-26. 1
-40.9
-15.7

-335.
-332.
-186.
-42.
72.
51.
-67.
-145.
-240.
-325.
-351.
-284.

-67.7
-72.7
142.6
46.6
236.3
-81.2
-86.8
-69.5
-80.9
-83.7
-43.9
-11.5

-40.6
-43.0
-28.2
-8.0
15.5
12.0
-14.4
-28.8
-43.4
-54.7
-57.7
-52.8

923.
935.
1083.
1226.
1200.
1072.
454.
689.
404.
295.
431.
660.

-60.
12.
148.
142.
-26.
-128.
-617.
235.
-286.
-109.
136.
229.

-301.
-621.
-246.
800.
896.
251.
-866.
-905.
-1380.
-1763.
-1034.
-323.

-6. 1
1.3
15.8
13. 1
-2. 1
-10.7
-57.6
51.7
-41.5
-26.9
46. 1
53.2

-24.6
-39-9
-18.5
187.8
294.2
30.7
—65.6
-56.8
-77.4
-85.7
-70.6
-32.9

61.
89.
-183.
-117.
-94.
8.
33.
-65.
100.
277..
299.
372.

-231.
-174.
-233.
-261.
-323.
-252.
-176.
-145.
-92.
-32.
-3.
19.

23.9
34.2
-69. 1
-48.5
-4 1.3
3.7
15.0
-29.4
46.8
125.2
126.0
146.5

-47.2
-39-7
-49.2
-53.4
-59.7
-53.6
-44.4
-40.4
-29.3
-12.0
-1-2
7.6

562.
591.
424.
490.
468.
766.
393.
332.
549.
562.
775.
955.

-98.
29.
-167.
67.
-22.
298-373.
-62.
217.
13.
213.
181.

-362-344.
—660-735.
-732.
-306.
-61.
-358.
145.
267.
344.
295.

-14.9
5.2
-28.3
15.8
-4.6
63.7
-48.7
-15.7
65.5
2.4
37.8
23.3

-39.2
-36.8
-60.9
-60. 0
-61.0
-28.5
-13.5
-51.9
36.0
90.6
79.8
44.8

905..
66.
1930.
438.
177..
-31.
7008.
-454.

50.
49.
129.
167.
189.
186.
294.
217.

330.9
21.5
614.9
118.5
44.8
-7.7
1733.1
-88.0

19.4
18.4
53. a
73.5
87.1
85.3
133.3
101.2

984.
761.
1050.
987.
876.
1572.
3298.
999.

28.
-222.
289.
-63.
-112.
697.
1725.
-2298.

422.
170.
626.
497.
408.
806.
2904.
668.

3.0
-22.6
37.9
-6. 0
-11.3
79.6
109.7
-69.7

75.2
28.8
147.9
101.3
87.1
105.3
738.4
201.2

28
TABLE 2 3 2 . 3 H
L I F E INSURANCE COMPANIES
NEW FABH MORTGAGE COMMITMENTS
TWELVE-MONTH MOVING TOTAL

IEAB
BIDING—

|
|

MILLIONS j
OF
|
DOLLARS |
1
1

AS PERCENTAGE OF

CHANGE FROM
PREVIOUS YEAR

OUTSTANDING
MILLIONS
OF
DOLLARS

PERCENT

MORTGAGES*

1
1 MORTGAGES
ACQUIRED
COMMITMENTS* |
1

TAKEDOWNS
OF
COMMITMENTS

1976-JAN. . . . |
-FEB....i
-MAR....|
-APR....|
-MAY
J
-JU1....I
-JUL. . . . |
" AU G . . . o |
-SEP...-J
-OCT
1
-NOV
|

987.
983.
1018.
1106.
1158.
1218.
1262.
1277.
1302.
1328.
1376.
1466.

-81.
-54..
4.
163.
363.
459.
503.
537..
522.
488.
497.
527.

-7.6
-5.2
.4
17.3
45.7
60.5
66.3
72.6
66.9
58.1
56.5
56.1

15.
15.
15.
17.
17.
18.
19.
19.
19.
19.
20.
21.

220.
220.
229.
248.
257.
267.
272.
271.
272.
273.
278.
292.

90.
94.
96.
103.
103.
103.
10097.
95.
95.
95.
95.

115.
117.
121.
128.
128.
128.
126.
125.
125.
126.
122122.

1977-JAN
1
-FEB....J
• HAH. . . . |
-APR....|
-MAT
j
-JUM
|
—JUL....|
-AUG....J
-SEP.... |
-OCT.... |
-NOT
|
-DEC
J

1538.
1627.
1729.
1840.
1954.
2039..
2087..
2189.
2277.
2343.
2377.
2436.

551.
644„
711.
734.
796.
821.
825.
912.
975.
1015.
1001.
970.

55.8
65.5
69.8
66.4
68.7
67.4
65.4
71.4
74.9
76.4
72.7
66.2

22.
23.
24.
25.
27.
28.
28.
29.
30.
30.
30.
30.

301.
314.
326.
340.
353.
357.
356.
364.
369.
368.
364.
365.

96.
99.
100.
99.
100.
97.
98.
99.
99.
99100.
99.

121.
125123.
125.
125.
123.
123.
123.
124.
121.
122.
124.

1978—JAN. . . . |
-FEB....j
-MAR....*
—A P B . . . . j
-MAY
1
-JUN
|
-JUL....1
-AUG....J
—SEP.. . * |
-OCT....J
-NOV...vl
-DEC....|

2463.
2529.
25822567.
2553.
2625.
2635.
2642.
2619.
2583.
2619.
2604.

925.
902.
853.
727.
599.
586.
548.
453.
342.
240.
242.
168.

60. 1
55.4
49.3
39.5
30-7
28.7
26.3
20.7
15.0
10.2
10.2
6.9

30.
31.
31.
30.
3030.
30.
29.
29.
28.
28.
27.

359.
361.
360349.
340.
345.
339.
333.
325.
317.
320.
315.

9999.
9998.
96.
99.
98.
97.
96.
929395.

121.
121.
122.
119.
116.
120.
119.
118.
116.
112.
115.
115.

1 9 7 9 - J AM
|
-FEB..... 1
-MAI.. . . |
-JUN
j
-JUL.... |
— AUG.. . . |
—SEP.....|
-OCT. . . . |
-NOV
1
-DEC
J

2646.
2683.
2669.
2782.
2823.
2736.
27152731.
274 3 .
2822.
284 4 .
2717.

183.
154.
87.
215.
270.
111.
80.
89.
124.
239.
225.
113.

7.4
6.1
3.4
8. 4
10.6
4.2
3.0
3.4
4.7
9.3
8.6
4.3

27.
27.
27.
27.
27.
26.
26.
25.
25.
26.
25.
24.

316.
315.
309.
322.
322.
306.
302.
301.
299.
305.
302.
284.

97.
96.
9297.
98.
92.
92.
93.
94.
97.
97.
94.

116.
114.
110.
115.
118.
113.
113.
116.
114.
121.
118.
115.

1980—JAN...u|
-FEB.
|
-MAR.... |
-APR
|
-MAY....|
-JUN....#
-JUL....|
—AUG....|
-SEP.... |
-OCT
J
-NOV.... J
-DEC
1

2558.
2418.
2288.
1990.
1759.
1628.
1545.
1457.
1392.
1332.
1246.
1233.

-88.
-265.
-381.
-792.
- 1064.
-1108.
-1170.
-1274..
-1351.
-1490.
-1598.
-1484.

—3. 3
-9.9
-14.3
-28.5
-37.7
-40.5
-43.1
-46.6
-49.3
-52.8
-56.2
-54.6

22.
21.
20.
17.
15.
13.
13.
12.
11.
11.
10.
10.

265.
253.
242.
214.
197.
192.
193.
192.
194.
195.
192.
201.

88.
86.
86.
76.
70.
71.
71.
72.
73.
75.
74..
74.

109.
107.
105.
92.
86.
86.
86.
85.
89.
87.
87.
87.

1981—JA N . . . . |
-FEB....|
—MAR..-.|
-APR
1
-MAY
1
—JUN...-1
—JUL...•]
-AUG....I
-SEP
1
-OCT....|
-NOV... . |
-DEC.... |

1210.
1147.
11241210.
1285.
1300.
1252.
1182.
1080.
926.
826.
799.

-1348.
-1271.
-1164.
-780.
-474.
-328.
-293»
-275.
-312.
-406.
-420.
-434.

-52.7
-52.6
-50.9
-39.2
-26.9
-20.1
-19.0
-18.9
-22.4
-30.5
-33.7
-35.2

10.
9.
9.
910.
10.
10.
9.
87.
6.
6.

209.
208.
215.
238.
254.
255.
243.
232.
217.
194.
183.
190.

77.
74.
78.
90.
100.
108.
97.
91.
83.
72.
67.
72.

91.
90.
100.
115.
127.
126.
114.
105.
97.
8781.
86.

1982-JAM
|
— FEB. . . . |
-MAR.
|
—APB....|
—MAY....j
-JUL...oJ
-AUG....»J
-SEP
1
-OCT.... |
-NOV
j
-DEC
|

774.
737.
674.
596.
53*.
515.
511.
484.
494.
518.
554.
583.

-436.
-410.
-450.
-614.
-751.
-785.
-741.
-698.
-586.
-408.
-272.
-216.

-36. 0
-35.7
-40.0
-50.7
-58.4
—60. 4
-59.2
-59.1
-54-3
-44.1
-32.9
-27.0

6.
6.
5.
5.
4.
4.
4.
4.
4.
4.
4.
4.

196.
197.
188.
175.
168.
176.
188.
187.
200.
216.
234.
247.

73.
79.
74.
70.
61.
61.
67.
65.
71.
78.
81.
84.

91.
97.
90.
83.
75.
79.
89.
92.
101.
111.
118.
122.

1983—JAN.. . . |
-FEB
|
-MAR.... |
-APR
1
-MAY.
1
-JU1L...1
-JUL...•|
-AUG
1

611.
628.
689.
743.
777.
830.
967.
1014.

-163.
-109.
15.
147.
24 3 .
315.
456.
530.

-21.1
-14.8
2.2
24.7
45.5
61.2
89.2
109.5

5.
5.
5.
6.
6.
6.
8.
8.

256.
259.
279.
288.
286.
289.
319.
312.

90.
88.
97.
98.
109.
110.
124.
112.

130.
124.
141.
145.
146.
143.
154.
136.

* AVEBAGE AMOUNT OUTSTANDING DURING THE PBBCEDING TWELVE MONTHS

(AVERAGE OF END—OF—MONTH D A T A ) .

"TAKEDOWNS OF COMMITMENTS* ABB COMPUTED AS NEW COMMITMENTS LESS CANCELLED COMMITMENTS L E S S THE CHANGE IN COMMITMENTS OUTSTANDING.




AGRICULTURAL FINANCE DATABOCK—BONTBLY S E M E S

300

BOVBBBBB

1983

AGBXCULTUBAL BANKING DAIS

301

FABB WOE REAL ESTATE LOANS

301.1
302

Aft01) HI AMD CHANGE EBGH PREVIOUS Y E A H . . .

30

SEASONAL BORBONIBG PROM FEDERAL RBSEBVE BABES

302.1

NOflBER OP BABES ABO AVERAGE DAILY B O R R O W I N G . . . . . . . . .

31

FOR INFORMATION OR THE DESIGN OP THE SEASONAL BOBROBING PRIVILEGE FOR SHICB
DATA ARE SHORN IN SECIIOB 3 0 2 , AND ALSO ANALYSES OF I T S POTENTIAL AND ACTUAL
USE BY AGRICULTURAL BANKS, S E I THE FOLLOWING ARTICLES:
"SEASONAL BORROWING IT THE FEDERAL RESERVE DISCOUNT BIBDOB,"
BY EHANUEL SELICHAR AND HARRIET HOLDERNESS,
"THE FEDERAL RESERVE SEASONAL BORBOWING P R I V I L E G E , *
BY EHANUEL HELICBAR,
FEDERAL RESERVE BANK OF KANSAS C I T Y ,




1980, PP.

111-132.

30
TABLE 3 0 1 . 1 *

FARH BOB-BBAL-BSTATl LOAMS AT COBBERCIAL B A M S
AMOUNT

1
1
| ALL COMMERCIAL BANKS
LARGE
END OF
J
| ( B I L L I O N S OF DOLLARS)
BANKS
MONTH
1
1(BILLIONS 1
SEASONALLY
|
ACTUAL
OF
I
ADJUSTED
1 DOLLARS) 1
1
#
#
#
*
3
1
4
1
.
197 6 - J A N
|
• ••*
3128.
—FEB.. . . J
20.9
20.5
3192.
-MAR....|
3234.
—APR.*..1
3
3
7
0
.
—BAY....|
21.9
22.2
3568.
-JON..
3564.
—JUL....I
3553.
-AUG....|
22.5
22.9
3541.
—SEP. . . . |
3553.
-OCT.... I
3513.
—NOV....|
23.3
23.2
3579.
-DBC....1
1977-JAN
|
—FEB. . . . |
-BAB. . . . |
-APR.... |
-MAY....I
-JON
J
—JUL....|
-AUG. . . . |
-SEP. . .o |
-OCT
1
-NOV....)
—DEC.... J

3520.
3474.
3575.
3670.
3801.
3936.
3971.
3951.
3984.
3977.
3907.
3928.

1978-JAN
|
—FEB. . . . |
— HA R . . . . |
— APR.
|
-MAY. . . . |
— JON. . . n |
-AUG....J
-SEP
|
—OCT.n. . 1
-NOV....I
—DEC.... |

3837.
3776.
3907.
4002.
4195.
4 303.
4 376.
4436.
4464.
4512.
4452.
4511.

1979-JAN....|
— F E B . . . •» I
— MAR. . . . |
—APR....|
-HAY. . . . |
-JU N
1
-JOI
.|
-AUG....I
—SEP.... |
-OCT....|
-NOV....*
-DEC....I

4470.
4440.
4577.
4650.
4830.
4915.
4981.
4939.
5021.
5001.
4896.
4889.

1980-JAN
|
-FEB.
I
— MA R e . . . 1
-APR
1
-HAY.... |
-JU N . . . . 1
-JUL....!
— AUG. . . . |
—SEP. . . . |
-OCT
1
-NOT
j
-DEC
1

4922.
4928.
4989.
5009.
5028.
5146.
5387.
5379.
5423.
5321.
5366.
5404.

1981-JAN
1
-FEB...-|
— HA B . . . . |
—APB....1
—MAY.... |
-JUN
«
—JUL....|
—AUG....|
-SEP... .|
-OCT
1
-NOV..,..#
—D E C . . . . |

5335.
5374.
5305.
5589.
5761.
5902.
5975.
5977.
5978.
5904.
5781.
5702.

1982—JAN.... |
—FEB..•»]
-HAR....I
-APR
1
—MAY. . . . |
—JUN. . . •» J
—JUL. . . . . 1
—AUG...»1
—SEP. . . « |
-OCT
1
-NOV.... 1
-DEC
1

5716.
5778.
5923.
6004.
6222.
6347.
6509.
6498.
6571.
6514.
6400.
6278.

1983—JAN.. . . |
-FEB
1
-HAR....1
-APR.... |
—HAY.. . . i
-JON
1
— JU L . n . . |
-AUG....|
-SEP. . . . I
-OCT
J
1I

6287.
6386.
6637.
6804.
6900.
7050.
7071.
7123.
7147.
7311.
, , ...

23.7
25.6
26.3
25.7

24.3
25.4
25.8
25.8

25.5

26.1

27.0

26.7

28.1

27.6

28.2

28.3

28.1
29.8

28.9
29.5

30.8

30.3

31.0

31.2

30.5

31.3

31.1

30.7

31.6

31.0

31.6

31.7

31.4

32.2

33.2

32.8

33.6

32.9

32.9

33.1

33.3

34.2

35.8

35.4

37.0

36.3

36.2

36.4

36.5

37.4

38.6

38.1

39.4

38.6

PERCENTAGE CHANGE PROS
PREVIOUS TEAR

CHANGE
LARGE | ALL COBBERCIAL BANKS
| ( B I L L I O N S O f DOLLARS)
BANKS
BILLIONS
SEASONAL!:
ACTUAL
OF
DOLLARS)

LARGE
BANKS

immv

-458.
-370.
-198.
-191.
-27.
110.
15.
-28.
-90.
-44.
-34.
-61.
379.
346.
383.
436.
431.
368.
407.
398.
443.
424.
394.
349.
317.
302.
332.
332.
394.
367.
405.
485.
480.
535.
545.
583.
633.
664.
670.
648.
635.
612.
605.
503.
557.
489.
444.
378.
452.
488.
412.
359.
198.
231.
406.
440.
402.
320.
470.
515.
413.
446.
316.
580.
733.
756.
588.
598.
555.
583.
415.
298.
381.
404.
618.
415.
461.
445.
534.
521.
593.
610.
619.
576.
571.
608.
714.
800.
678.
703.
562.
625.
576.
797.

-12.7

-10.6

3.1

3.1

3.1

3.1

-5.8
-5.6
-.8
3.2
.4
-.8
-2.5
-1.2
-1.0
-1.7

|
|
|
I

ALL COMMERCIAL BANKS
ACTUAL

SEASONALLY
IPJggTgP

*#$#
*#*$
**#$

16.3

16.3

15.2

15.2

15.8

16.1

15.6
***$

15.7

12.1
11.1

3.2
3.5
3.4

3.4

12.0
13.5

3.4
3.3

12.8

10.3
11.4

11.2
12.5
11.9

11.2
2.5

2.5

1.8

1.9

1.4

1.4

14.6

10.8

10.7

7.5

7.7

5.4

5.4

9.0
8.7
9.3
9.0
10.4
9.3

10.2

6.8

6.7

2.5

13.5
13.9
14.8

9.6

9.6

2.7

16.5
17.6
17.1

10.4

10.5

10.3
****

10.3

1.7

2.5

2.8

14.8

12.3

1.8

2.7

9.8

****

2.8

2.8

2.7

2.8

2.8

12.0

16.2
15.1
14.2
13.8
11.3
12.5

10.8
10.0
8.4

$**$

9.8

9.8

10.0

10.1

8.5

8.5

4.3

4.3

2.5

2.5

1.7

1.8

10.1

11.0

2.4

2.4

1.3

1.3

.8

.8

.5

.6

.9

.9

2. 1

2.1

9.0
7.7
4.1
4.7
8.2
8.9
8.0
6.4
9.6
10.5

8.4
9.1
6.3

2.8

2.8

14.6
14.7
10.9

6.8

6.7

10.2

6.2

6.1

4.1

4.2

6.2

6.2

7.8

7.7

10.3

10.2

10.0

10.1

12.1

9.5

9.5

11.1

8.0

7.9

6.3

6.3

11.6
11.1

2.0

1.9

1.3

1.3

1.9

2.0

2.6

2.5

3.5

3.4

3.3

3.3

3.2

3.3

2.8

2.8

2.3

2.3

11.0
7.7
5.5

7. 1
7.5

11.6
7.4
8.0
7.5
8.9
8.7
9.9
10.3
10.7

10.1
10.0
10.5

13.3
10.9

8.6
9.6
8.8

12.2

LARGE-BANK DATA ABB FOR ABOUT 1 7 0 COMMERCIAL BANKS THAT REPORT ASSETS -AND L I A B I L I T I E S B E E K L I .
DOMESTIC ASSETS OF $ 7 5 0 MILLION OB MORE AS OF DECEMBER 3 1 , 1 9 7 7 .

THESE BASKS HAD

DATA SHORN FOR ALL COMMERCIAL BANKS ARB FROM CALL R.EPORTS AVAILABLE FOR MARCH, J U N E , SEPTEMBER, AND DECEMBER
(DATA FOR UNINSURED BANKS ARE E S T I M A T E D ) .
PRIOR TO 1 9 7 6 , REPORTS ARE AVAILABLE FOB JUNE AND DECEMBER ONLY.
ALL-BANK DATA FOB SEPTEMBER 1 9 8 3 ARE PROJECTED FROM REPORTS RECEIVED FROM ONLY ABOUT 4 0 0 OF 1 4 , 5 0 0 BANKS.




TABLE 3 0 2 . 1 0
COMMERCIAL BANK BORROWING ONDEB SEASONAL B0RB0MIN6 PRIVILEGE
WEEK ENDING ON LAST WEDNESDAY OF MONTH
NUMBER OF BANKS

TOTAL

I DEPOSIT S I Z E OF BANK
1
1
OP TO
|
|
|
$100
|
1 BILLION
1

111

MONTH

|AVERAGE DAILY SEASONAL BORROWING
1
(THOUSANDS OF DOLLARS)

1976-JAM...
-FEB...
-MAS...
-APE...
-MAY...
-JON...
-JUL...
- AOG. . .
-SEP.. .
-OCT...
-NOV...
-DEC...

7.
10.
17.
20.
21.
42.
38.
40.
49.
40.
31.
19.

7.
10.
17.
20.
21.
41.
37.
39.
48.
38.
31.
19.

0.
0.
0.
0.
0.
1.
1.
1.
1.
2.
0.
0.

1977-JAN.M.
-FEB...
-MAR...
-APR...
-MAY...
-JON...
-JUL...
-AUG.. .
-SEP...
-OCT...
-NOV....
-DEC...

8.
10.
17.
21.
45.
59.
63.
99.
92.
81.
53.
34.

8.
10.
17.
21.
44.
55.
59.
89.
83.
74.
45.
31.

1978-JAN—.
-FEB.. .
-MAR
-APR...
-MAY...
-JON...
-JUL...
-AUG...
-SEP...
-OCT...
-NOV...
-DEC...

23.
31.
51.
43.
93.
109.
128.
161.
160.
159.
117.
76.

1979-JAN...
-FEB...
-MAR...
APR...
-MAT...
-JON...
-JUL...
-AUG...
-SEP...
-OCT...
-NOV...
-DEC...

|DEPOSIT S I Z E OF BANK
1
|
OP TO
|
OVER
|
$100
J
$100
1 MILLION
1 BILLION

8267.
8233.
9605.
11153.
11637.
27898.
25957.
23354.
33618.
33297.
27215.
9970.

8267.
8233.
9605.
11153.
11637.
25898.
20243.
17354.
29618.
29154.
27215.
9970.

0.
0.
0.
0.
0.
2000.
5714.
6000.
4000.
4143.
0.
0.

0.
0.
0.
0.
1.
4.
4.
10.
9.
7.
8.
3.

I
8113.
I
11353.
I
14161.
|
15030.
1 34503.
I
70158.
1 68701.
I 130235.
| 115456.
I 116094.
1 74288.
1 52761.

8113.
11353.
14161.
15030.
32503.
45658.
48508.
80936.
73456.
74794.
41488.
34461.

0.
0.
0.
0.
2000.
24500.
20193.
49299.
42000..
41300.
32800.
18300.

23.
31.
49.
42.
85.
100.
122.
150.
147.
144.
102.
69.

0.
0.
2.
1.
8.
9.
6.
11.
13.
15.
15.
7.

I
1
I
|
|
1
|
|
|
|
1
1

35588.
52858.
51892.
49400.
114954.
133794.
150938.
206810.
204226.
235448.
180107.
131159.

35588.
52858.
50535.
44686.
88968.
101623.
119581.
158153.
156046.
158958.
105834.
87763.

0.
0.
1357.
4714.
25986.
32171.
31357.
48657.
48180.
76490.
74273.
43396.

62.
82.
100.
114.
164.
177.
156.
165.
158.
155.
107.
63.

56.
74.
92.
106.
148.
163.
143.
156.
147.
14 3 .
101.
58.

6.
8.
8.
8.
16.
14.
13.
9.
11.
12.
6.
5.

|
I
|
1
|
I
1
|
J
J
|
|

1124 6 7 .
123199.
134302.
141221.
217666.
195382.
166925.
185863.
180358.
185185.
136023.
81172.

78597.
95949.
100166.
106178.
142576.
143859.
126754.
147963.
108602.
133947.
101323.
60557.

33870.
27250.
34136.
35043.
75090.
51523.
40171.
37900.
71756.
51238.
33700.
20615.

1980-JAN
-FEB
-MAR...
-APR...
-MAY.. .
-JON...
-JUL...
-AOG...
-SEP...
-OCT...
-NOV...
-DEC...

52.
70.
115.
131.
52.
19.
15.
16.
38.
55.
66.
70.

45.
63.
102.
118.
50.
19.
15.
15.
37.
48.
57.
63.

7.
7.
13.
13.
2.
0.
0.
1.
1.
7.
9.
7.

1
|
1
|
|
1
|
1
1
|
1
|

96566.
102039.
176657.
170594.
29146.
8806.
7615.
10520.
30925.
87339.
111483.
114164.

43494.
67310.
101015.
102680.
28325.
8806.
7615.
8520.
26925.
53929.
67754.
78936.

53072.
34729.
75642.
67914.
821.
0.
0.
2000.
4000.
33410.
43729.
35228.

1981—JAN.. .
-FEB...
MAR...
-APR...
-MAY...
-JD N . . .
-JUL...
— AUG. . .
-SEP...
-OCT...
-NOV...
-DEC...

57.
86.
121.
114.
181.
201.
198.
206.
186.
145.
85.
48.

50.
77.
103.
101.
162.
180.
184.
187.
169.
131.
76.
41.

7.
9.
18.
13.
19.
21.
14.
19.
17.
14.
9.
7.

|
|
|
|
|
|
|
1
|
|
|
J

130984.
155397.
194120.
174543.
308510.
305707.
256288.
243916.
241704.
180667.
73273.
77654.

95970.
1031*0.
118747.
103514.
193222.
195956.
195946.
180558174135.
129969.
60943.
53748.

35014.
52257.
75373.
71029.
115288.
109751.
60342.
63358.
67569.
50698.
12330.
23906.

1982-JAN...
-FEB...
-MAR...
-APR...
-MAI.. .
-JON....
-JUL...
-AOG...
-SEP...
-OCT...
-NO?....
-DEC...

57.
89.
123.
137.
172.
220.
173.
110.
109.
79.
54.
32.

50.
78.
110.
122.
156.
202.
160.
107.
102.
75.
50.
30.

7.
11.
13.
15.
16.
18.
13.
3.
7.
4.
4.
2.

1
I
|
I
|
I
i
|
|
|
|
|

99186.
150737.
199836.
181921.
259447.
266749.
187054.
94855.
116542.
90293.
4 5898.
36003.

68279.
107809.
134887.
129102.
181682.
198526.
152354.
87355.
93527.
74607.
37769.
27003.

30907.
42928.
64949.
52819.
77765.
68223.
34700.
7500.
23015.
15686.
8129.
9000.

1983-JAN...
-FEB...
-MAR...
-APR...
-MAI...
-JON...
-JUL. . .
-AOG.. .
-SEP...
-OCT...
-NOV...

30.
35.
62.
75.
101.
137.
160.
186.
172.
128.
104.

28.
34.
58.
71.
95.
128.
1*2.
166.
157.
116.
91.

2.
1.
4.
4.
6.
9.
18.
20.
15.
12.
13.

|
|
|
1
1
1
1
I
|
]
|

34133.
43750.
64773.
90203.
104625.
144223.
204672.
217494.
199511.
141405.
127473.

26133.
39750.
57888.
83078.
96811.
115341.
130174.
142881.
142739.
100363.
72731.

8000.
4Q00.
6885.
7125.
7814.
28882.
74498.
74613.
56772.
41042.
54742.

.

|
|
1
I
1
|
|
J
I
4
I
I

TOTAL

THE SEASONAL BOEBOWING PRIVILEGE WAS IMPLEMENTED ON APRIL 1 9 , 1 9 7 3 .
DEPOSIT S I Z E CLASSIFICATION I S BASED ON AVERAGE DEPOSITS IN 1 9 7 2 .
FOB ADDITIONAL INFORMATION, SEE NOTE ON PAGE 2 9 .




32

Average interest rates on business and farm borrowings (percent)
Effective r a t e s on bank loans, U.S.,
f i r s t week of second month of quarter
Date

Business loans

Non-real-estate
farm loans

Stated nominal r a t e s , f i r s t day of quarter
Prime
rate,
large
banks

Average of most common farm loan r a t e s at banks
surveyed quarterly in specified F.R. D i s t r i c t s
Feeder c a t t l e loans

Other operating loans

Chicago Kansas Dallas
City

Chicago Hinne- Kansas Dallas
apolis City

Farm Credit System
Production Federal
credit
land'
assns.
banks

Prime
rate,
large
banks

Average,
al1"
banks

1977-01
-82
-S3
-84

6.35
6.35
6.86
7.90

7.6
7.6
7.9
8.6

8.3
8.1
8.4
9.1

8.9
8.9
8.9
9.0

8.8
8.7
8.7
9.1

6.25
6.25
6.75
7.25

8.7
8.7
8.7
8.8

8.8
8.8
8.8
8.9

9.3
9.3
9.3
9.3

8.8
8.8
8.8
8.9

9.1
9.2
9.2
9.2

8.9
9.0
9.0
9.0

9.3
9.2
9.2
9.3

8.2
8.1
7.9
8.0

8.5
8.4
8.3
8.3

1978-01
-82
-83
-84

8.16
8.16
9.20
10.78

8.9
9.1
10.0
11.4

9.3
9.6
10.4
11.7

9.1
9.2
9.3
10.0

9.2
9.3
9.6
10.4

7.75
8.00
9.00
9.75

8.8
8.9
9.1
9.4

8.9
8.9
9.1
9.3

9.4
9.4
9.5
9.7

8.9
9.0
9.2
9.5

9.2
9.2
9.4
9.5

9.0
9.1
9.2
9.4

9.4
9.4
9.5
9.7

8.4
8.7
9.0
9.2

8.2
8.3
8.3
8.4

1979-81
-82
-83
-84

12.09
12.09
12.09
16.39

12.2
12.3
12.3
15.8

12.5
12.8
12.9
16.2

10.4
10.7
10.9
13.1

11.0
11.2
11.3
13.6

11.75
11.75
11.50
13.50

10.1
10.5
10.8
11.7

9.9
10.2
10.4
11.5

10.1
10.2
10.3
11.4

10.2
10.5
10.9
11.7

10.2
10.4
10.8
11.8

9.9
10.3
11.1
11.6

10.1
10.2
10.3
11.3

10.0
10.6
10.9
11.0

8.7
9.0
9.3
9.3

1980-81
-62
-83
-84

16.39
18.81
11.30
15.56

15.7
17.8
11.6
15.6

16.0
18.5
12.8
16.3

13.7
17.1
13.7
15.3

14.1
17.4
13.5
15.5

15.25
19.50
12.00
13.50

13.5
17.1
14.0
14.3

13.0
16.5
14.0
14.0

13.1
16.2
13.2
13.3

13.6
17.1
14.0
14.3

13.6
16.4
15.3
14.0

13.1
16.5
14.1
14.1

13.0
15.8
13.2
13.3

12.1
13.7
13.3
12.0

9.8
10.6
10.6
10.3

1981-81
-82
-83
-84

20.56
19.90
21.55
18.54

19.8
19.9
21.0
17.4

19.9
19.5
20.8
18.9

17.5
17.5
19.1
18.7

17.9
17.9
19.6
18.8

21.50
17.50
20.00
19.50

17.3
16.5
17.7
18.6

16.9
16.3
17.4
18.1

18.6
17.6
19.2
19.7

17.4
16.5
17.8
18.6

17.6
17.0
18.0
18.9

17.1
16.3
17.4
18.1

18.4
17.4
19.0
19.4

12.9
14.2
15.1
15.8

10.6
10.9
11.4
11.7

1982-81
-82
-83
-84

17.02
17.18
15.56
12.36

17.1
17.1
13.5
11.4

18.0
17.9
15.6
13.3

17.5
17.7
17.5
15.5

17.7
17.8
16.8
14.8

15.75
16.50
16.50
13.50

16.9
17.3
17.2
15.6

16.6
16.9
16.9
15.4

17.3
17.6
17.5
15.6

17.0
17.3
17.2
15.6

17.2
17.4
17.4
16.3

16.6
16.9
16.9
15.5

17.5
17.4
17.6
15.7

15.3
14.9
14.5
13.8

12.1
12.2
12.4
12.4

1983-61
-62
-83
-84

11.30
10.78
10.78
11.30

10.3
10.5
11.2

12.5
12.0
12.2

14.2
13.9
14.2

13.8
13.3
13.7

11.50
10.50
10.50

14.4
13.7
13.5
13.7

14.3
13.9
13.8
14.0

14.1
13.3
13.2
13.4

14.4
13.7
13.5
13.7

15.0
14.2
13.9
14.1

14.4
14.0
13.9
14.0

14.1
13.3
13.7
13.5

12.9

11.9
11.8
11.7
11.4

Notes:

Large Other
banks banks

All
banks

11.00

12.0

11.6

12.0

Effective prime r a t e i s calculated by assuming a loan maturity of sis months with all i n t e r e s t paid at maturity.
Effective loan r a t e s are a dollar-weighted average of e f f e c t i v e r a t e s on loans of $1,000 or more made in the week indicated.
Additional data from t h i s quarterly survev of bank lending are published in S t a t i s t i c a l Releases E.2 (Survey of Teres of
Bank Lending) and E.15 (Agricultural Finance Databook-Suarterly Series). Federal Reserve Board, Washington, B.C. 20551.
In recent quarters, most large banks" (survey s t r a t a 1 to 3) had over $500 million in total assets, and most "other banks
(survey s t r a t a 4 to 6) had total assets below $500 million.
The tvpe of banks included in quarterly agricultural credit conditions surveys conducted by Federal Reserve Banks varies
among'F.R. D i s t r i c t s , and so the r a t e s shown are not s t r i c t l y comparable. See page 58 of the Databook cited above.
Farm Credit System r a t e s are unweighted averages of quoted r a t e s , not adjusted for required stock purchases and loan fees.




Percentage changes in farm real estate values

Average of changes reported by bankers participating In Federal Reserve Bank
quarterly surveys of agricultural credit conditions and land values

F. R. District and
type of farm land

From peak
value to
10/01/83

Date of
peak

-15

1981-Q3

-7
-7
-9

-17
-18
-15

1981-Q2
1981-Q2
1981-Q2

0

+2
+2

-3

+4

+11

1983-Q3
1982-Q1
1983-Q3

1983-Q3

Chicago, farmland.
Kansas City
Nonirrigated cropland...
Irrigated cropland
Ranchland
Dallas
Dryland.
Irrigated cropland
Ranchland

Year ending
Oct. 1, 1983

- 1

0
0
- 1

+3

Historical and current data from the quarterly surveys of agricultural credit
conducted by five Federal Reserve Banks (Districts 5, 9, and those listed above)
are presented in section 340 of each issue of Statistical Release E.15, Board
of Governors of the Federal Reserve System. A description of the coverage and
procedures of these surveys appears on page 58 of that release. The mailing
list for Statistical Release E.15, "Agricultural Finance Databook—Quarterly
Series," is maintained by Publications Services, Federal Reserve Board,
Washington, D.C. 20551. In addition, each of the five Federal Reserve Banks
issues publications presenting survey results (some with greater detail than
is shown in the E.15 release) and commentary thereon, which are available upon
request from the Research Departments of the Reserve Banks.